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Closing Bell: Mcan Mortgage Corp up on Wednesday (MKP)

Automated Summaries - The Globe and Mail - Wed Jul 10, 4:01PM CDT

Today, Mcan Mortgage Corp shares closed at $16.42 after opening the day at $16.24. It traded at a low of $16.24 to a high of $16.42.

Shares boosted 1.11% from the previous day's close of $16.24.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

Mcan Mortgage Corp has listed on the Toronto Stock Exchange (TSX) under the ticker MKP.

A total of 40,072 shares was traded during the session, with total trades of 162. On average, Mcan Mortgage Corp has traded 28,909 shares over the last 5-days and 34,388 year-to-date.

The TSX overall saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, MKP.TO has traded as high as $16.97 (March 05,2024) and low as $14.87 (October 25,2023). Moreover, in the last 12 months, Mcan Mortgage Corp's shares have advanced 5.66%, while in 2024, they have advanced 3.34%.

It announced a 0.39 dividend on May 06/24, with an June 14/24 ex-date and June 28/24 pay day.

Following today's trading, Mcan Mortgage Corp has a market capitalization of $615.04 million on a float of 37,872 shares outstanding. Its annual EPS is $2.20.

Mcan Mortgage Corp is a TSX Mortgage Finance company headquartered in Toronto, CAN.

Mcan Mortgage Corp's average recommendation is "Hold" based on 1.00 analysts according to Zacks. Currently, there are 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..