MCAN Mortgage (TSE:MKP) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

MCAN Mortgage Co. (TSE:MKPGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$18.43 and traded as high as C$18.58. MCAN Mortgage shares last traded at C$18.48, with a volume of 19,143 shares changing hands.

MCAN Mortgage Trading Down 0.3 %

The firm’s fifty day moving average price is C$18.52 and its 200 day moving average price is C$18.45. The firm has a market capitalization of C$720.84 million, a PE ratio of 7.89 and a beta of 0.85.

About MCAN Mortgage

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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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