Melcor Developments Ltd. (TSE:MRD – Get Free Report) reached a new 52-week high on Friday . The company traded as high as C$13.18 and last traded at C$13.10, with a volume of 2870 shares traded. The stock had previously closed at C$12.95.
Melcor Developments Stock Up 0.4 %
The company has a debt-to-equity ratio of 51.55, a quick ratio of 2.65 and a current ratio of 12.79. The business has a 50 day simple moving average of C$12.25 and a 200-day simple moving average of C$11.79. The firm has a market capitalization of C$396.24 million, a price-to-earnings ratio of 5.29 and a beta of 1.40.
Melcor Developments (TSE:MRD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported C$0.76 earnings per share for the quarter. Melcor Developments had a net margin of 22.59% and a return on equity of 5.96%. The business had revenue of C$69.71 million during the quarter. On average, equities analysts expect that Melcor Developments Ltd. will post 2.3183521 EPS for the current year.
Melcor Developments Announces Dividend
About Melcor Developments
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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