MCAN Mortgage (TSE:MKP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

MCAN Mortgage Co. (TSE:MKPGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$18.65 and traded as high as C$19.08. MCAN Mortgage shares last traded at C$19.05, with a volume of 60,519 shares changing hands.

MCAN Mortgage Stock Up 0.2%

The company has a market capitalization of C$742.27 million, a PE ratio of 8.12 and a beta of 0.85. The stock’s fifty day simple moving average is C$18.96 and its 200-day simple moving average is C$18.65.

About MCAN Mortgage

(Get Free Report)

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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