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MCAN Mortgage (TSE:MKP) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

MCAN Mortgage logo with Financial Services background

Key Points

  • MCAN Mortgage Co. (TSE:MKP) shares crossed above their 200-day moving average of C$19.20, reaching a high of C$21.56 during trading.
  • The current market capitalization of MCAN Mortgage is C$837.74 million, with a P/E ratio of 9.17.
  • MCAN Mortgage operates as a loan and mortgage investment corporation, engaging in various lending activities including residential and commercial loans.
  • Five stocks to consider instead of MCAN Mortgage.

Shares of MCAN Mortgage Co. (TSE:MKP - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$19.20 and traded as high as C$21.56. MCAN Mortgage shares last traded at C$21.50, with a volume of 58,300 shares trading hands.

MCAN Mortgage Stock Up 0.9%

The company has a market cap of C$868.75 million, a PE ratio of 11.97 and a beta of 0.56. The firm has a 50 day simple moving average of C$20.36 and a 200-day simple moving average of C$19.29.

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.

Further Reading

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