MCAN Mortgage (TSE:MKP) Trading 0.3% Higher

MCAN Mortgage Co. (TSE:MKP) traded up 0.3% on Monday . The company traded as high as C$15.91 and last traded at C$15.87. 9,237 shares changed hands during trading, a decline of 45% from the average session volume of 16,803 shares. The stock had previously closed at C$15.83.

Separately, National Bank Financial lifted their price objective on shares of MCAN Mortgage from C$12.00 to C$13.00 and gave the company an “underperform” rating in a report on Tuesday, April 30th.

The company has a current ratio of 1.57, a quick ratio of 1.54 and a debt-to-equity ratio of 282.88. The firm has a market cap of $380.56 million and a PE ratio of 9.42. The company’s fifty day moving average is C$15.93.

MCAN Mortgage (TSE:MKP) last announced its quarterly earnings data on Tuesday, May 7th. The company reported C$0.60 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.50 by C$0.10. Sell-side analysts forecast that MCAN Mortgage Co. will post 1.3800001 earnings per share for the current year.

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MCAN Mortgage Company Profile (TSE:MKP)

MCAN Mortgage Corporation operates as a mortgage investment corporation in Canada. The company offers single-family residential mortgages, as well as residential construction, non-residential construction, and commercial loans, as well as real estate and securitization investments. It also provides term deposits through a network of independent financial agents.

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