Melcor Developments Ltd. (TSE:MRD - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$12.83 and traded as high as C$14.20. Melcor Developments shares last traded at C$14.20, with a volume of 6,566 shares traded.
Melcor Developments Price Performance
The company has a market capitalization of C$430.88 million, a PE ratio of 37.68 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's 50 day simple moving average is C$13.63 and its 200-day simple moving average is C$12.83.
Melcor Developments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 30th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 3.10%. The ex-dividend date was Monday, June 16th. Melcor Developments's payout ratio is currently 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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