Melcor Developments Ltd. (TSE:MRD - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Price Performance
The business has a 50-day simple moving average of C$13.45 and a 200 day simple moving average of C$12.77. The firm has a market cap of C$429.97 million, a P/E ratio of 37.60 and a beta of 1.41. The company has a debt-to-equity ratio of 53.41, a quick ratio of 2.65 and a current ratio of 18.08.
Melcor Developments Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 30th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.11%. Melcor Developments's dividend payout ratio (DPR) is 116.76%.
Melcor Developments Company Profile
(
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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.
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