MCAN Mortgage (TSE:MKP) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

MCAN Mortgage Co. (TSE:MKPGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$18.43 and traded as high as C$18.58. MCAN Mortgage shares last traded at C$18.48, with a volume of 19,143 shares trading hands.

MCAN Mortgage Stock Performance

The stock has a 50 day moving average of C$18.52 and a two-hundred day moving average of C$18.45. The stock has a market cap of C$720.84 million, a PE ratio of 7.89 and a beta of 0.85.

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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