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MCAN Mortgage (TSE:MKP) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$18.55 and traded as high as C$19.25. MCAN Mortgage shares last traded at C$19.10, with a volume of 39,088 shares trading hands.

MCAN Mortgage Price Performance

The stock has a market cap of C$744.22 million, a price-to-earnings ratio of 8.14 and a beta of 0.85. The business's 50-day simple moving average is C$18.40 and its two-hundred day simple moving average is C$18.55.

About MCAN Mortgage

(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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