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MCAN Mortgage (TSE:MKP) Shares Pass Above 200 Day Moving Average - Here's What Happened

MCAN Mortgage logo with Financial Services background

MCAN Mortgage Co. (TSE:MKP - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$18.48 and traded as high as C$18.84. MCAN Mortgage shares last traded at C$18.67, with a volume of 53,199 shares.

MCAN Mortgage Trading Up 0.6 %

The firm's 50 day moving average price is C$18.33 and its two-hundred day moving average price is C$18.51. The company has a market capitalization of C$740.72 million, a price-to-earnings ratio of 8.10 and a beta of 0.85.

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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