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MCAN Mortgage (TSE:MKP) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

MCAN Mortgage logo with Financial Services background

Shares of MCAN Mortgage Co. (TSE:MKP - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$18.69 and traded as high as C$19.56. MCAN Mortgage shares last traded at C$19.52, with a volume of 21,878 shares traded.

MCAN Mortgage Stock Performance

The firm has a market capitalization of C$760.59 million, a price-to-earnings ratio of 8.32 and a beta of 0.85. The company has a 50 day moving average price of C$19.32 and a two-hundred day moving average price of C$18.69.

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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