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MCAN Mortgage (TSE:MKP) Stock 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) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$18.52 and traded as high as C$19.12. MCAN Mortgage shares last traded at C$18.93, with a volume of 33,490 shares trading hands.

MCAN Mortgage Stock Down 0.6 %

The stock has a fifty day moving average of C$18.36 and a 200-day moving average of C$18.52. The stock has a market capitalization of C$737.60 million, a PE ratio of 8.07 and a beta of 0.85.

About MCAN Mortgage

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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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