Melcor Developments Ltd. (TSE:MRD – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.55 and traded as high as C$19.20. Melcor Developments shares last traded at C$19.20, with a volume of 1,743 shares.
Melcor Developments Price Performance
The company has a market cap of C$570.63 million, a P/E ratio of 7.58 and a beta of 0.44. The company has a fifty day moving average price of C$18.28 and a two-hundred day moving average price of C$17.56. The company has a debt-to-equity ratio of 39.23, a quick ratio of 2.65 and a current ratio of 4.21.
Melcor Developments (TSE:MRD – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported C$0.76 earnings per share (EPS) for the quarter. Melcor Developments had a return on equity of 6.06% and a net margin of 18.80%.The business had revenue of C$45.37 million for the quarter. On average, sell-side analysts anticipate that Melcor Developments Ltd. will post 2.3613596 earnings per share for the current fiscal year.
Melcor Developments Announces Dividend
About Melcor Developments
Melcor is a diversified real estate development and asset management company that transforms real estate from raw land through to high-quality finished product in both residential and commercial built form. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. Melcor owns a well diversified portfolio of assets in Alberta, Saskatchewan, British Columbia, Arizona and Colorado. Melcor has been focused on real estate since 1923.
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