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MCAN Mortgage (TSE:MKP) Share Price Crosses Above 200 Day Moving Average - Here's Why

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.65 and traded as high as C$19.08. MCAN Mortgage shares last traded at C$19.05, with a volume of 60,519 shares trading hands.

MCAN Mortgage Stock Up 0.5%

The business's 50 day moving average is C$19.07 and its two-hundred day moving average is C$18.65. The firm has a market capitalization of C$750.85 million, a P/E ratio of 8.22 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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