MCAN Mortgage (TSE:MKP) Shares Cross Above 200 Day Moving Average – Time to Sell?

MCAN Mortgage Co. (TSE:MKPGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$18.47 and traded as high as C$18.54. MCAN Mortgage shares last traded at C$18.50, with a volume of 28,626 shares.

MCAN Mortgage Trading Up 0.8 %

The firm has a market cap of C$720.84 million, a price-to-earnings ratio of 7.89 and a beta of 0.85. The firm’s 50 day simple moving average is C$18.52 and its two-hundred day simple moving average is C$18.47.

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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