Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$12.76 and traded as high as C$14.25. Melcor Developments shares last traded at C$14.09, with a volume of 3,361 shares changing hands.
Melcor Developments Stock Performance
The firm has a market cap of C$429.97 million, a PE ratio of 37.60 and a beta of 1.41. The company has a debt-to-equity ratio of 53.41, a current ratio of 18.08 and a quick ratio of 2.65. The stock has a 50-day moving average price of C$13.45 and a 200 day moving average price of C$12.77.
Melcor Developments Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend was Monday, June 16th. Melcor Developments's dividend payout ratio (DPR) is presently 116.76%.
Melcor Developments Company Profile
(
Get Free Report)
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.
Further Reading
Before you consider Melcor Developments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melcor Developments wasn't on the list.
While Melcor Developments currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.