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MCAN Mortgage (TSE:MKP) Stock Crosses Above 200-Day Moving Average - What's Next?

MCAN Mortgage logo with Financial Services background

Key Points

  • MCAN Mortgage's stock price surpassed its 200-day moving average, closing at C$21.95 after reaching a high of C$22.13 during trading.
  • The company has a market capitalization of C$870.34 million and a P/E ratio of 11.99, indicating financial stability.
  • MCAN Mortgage Corporation participates in various lending and investment activities, including residential and commercial mortgages in Canada.
  • Five stocks we like better than MCAN Mortgage.

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$19.45 and traded as high as C$22.13. MCAN Mortgage shares last traded at C$21.95, with a volume of 56,110 shares.

MCAN Mortgage Stock Down 2.5%

The stock's fifty day moving average price is C$20.94 and its two-hundred day moving average price is C$19.56. The company has a market capitalization of C$867.56 million, a PE ratio of 11.96 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.

See Also

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