MCAN Mortgage (TSE:MKP) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

MCAN Mortgage Co. (TSE:MKPGet Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$20.07 and traded as high as C$21.26. MCAN Mortgage shares last traded at C$21.21, with a volume of 36,260 shares.

MCAN Mortgage Stock Up 0.4%

The stock has a 50 day moving average of C$21.54 and a 200 day moving average of C$20.07. The company has a market capitalization of C$841.00 million, a price-to-earnings ratio of 11.59 and a beta of 0.50.

About MCAN Mortgage

(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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