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MCAN Mortgage (TSE:MKP) Share Price Passes Above 200 Day Moving Average - Time to Sell?

MCAN Mortgage logo with Financial Services background

Key Points

  • MCAN Mortgage's stock price has surpassed its 200-day moving average, currently trading at C$21.59.
  • The company has a market cap of C$856.07 million and a PE ratio of 11.80, indicating moderate valuation metrics.
  • MCAN Mortgage operates primarily in the real estate lending and investment sector across various types of mortgages and loans in Canada.
  • MarketBeat previews the top five stocks to own by October 1st.

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$19.71 and traded as high as C$21.66. MCAN Mortgage shares last traded at C$21.59, with a volume of 25,663 shares trading hands.

MCAN Mortgage Trading Down 0.6%

The business has a 50-day moving average price of C$21.28 and a 200 day moving average price of C$19.71. The stock has a market cap of C$856.07 million, a PE ratio of 11.80 and a beta of 0.59.

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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