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

Shares of MCAN Mortgage Co. (TSE:MKPGet Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$20.38 and traded as high as C$21.92. MCAN Mortgage shares last traded at C$21.71, with a volume of 22,402 shares changing hands.

MCAN Mortgage Stock Performance

The business’s 50-day moving average is C$21.54 and its 200 day moving average is C$20.42. The company has a market cap of C$895.68 million, a PE ratio of 12.17 and a beta of 0.51.

MCAN Mortgage Company Profile

(Get Free Report)

MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments.

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