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MCAN Mortgage (TSE:MKP) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$18.76 and traded as high as C$20.14. MCAN Mortgage shares last traded at C$20.00, with a volume of 30,183 shares trading hands.

MCAN Mortgage Trading Up 0.1%

The firm's 50 day simple moving average is C$19.40 and its 200-day simple moving average is C$18.76. The stock has a market capitalization of C$779.29 million, a price-to-earnings ratio of 8.53 and a beta of 0.85.

MCAN Mortgage Company Profile

(Get Free Report)

MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in the real estate lending and investing activities, including residential mortgage, residential construction, non-residential construction, and commercial loans, as well as portfolio of real estate investments trusts and private investment activities.

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