Melcor Developments Ltd. (TSE:MRD – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.41 and traded as high as C$11.45. Melcor Developments shares last traded at C$11.45, with a volume of 6,117 shares trading hands.
Melcor Developments Trading Up 0.3 %
The business’s 50-day moving average is C$11.51 and its two-hundred day moving average is C$11.41. The company has a debt-to-equity ratio of 53.05, a current ratio of 10.17 and a quick ratio of 2.65. The firm has a market cap of C$351.06 million, a P/E ratio of 5.64 and a beta of 1.41.
Melcor Developments (TSE:MRD – Get Free Report) last posted its earnings results on Wednesday, March 13th. The company reported C$0.34 earnings per share (EPS) for the quarter. The company had revenue of C$125.13 million during the quarter. Melcor Developments had a net margin of 19.98% and a return on equity of 5.01%. As a group, analysts predict that Melcor Developments Ltd. will post 2.3104839 earnings per share for the current fiscal year.
Melcor Developments Cuts 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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