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

Automated Summaries - The Globe and Mail - Thu Jul 11, 4:01PM CDT

Today during trading, shares of Mcan Mortgage Corp opened at $16.45 and closed at $16.65. Intraday prices ranged from $16.42 to $16.68.

Share prices boosted 1.40% from the previous day's close of $16.42.

During the day across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Mcan Mortgage Corp traded under MKP on the Toronto Stock Exchange (TSX).

Trading volume was 36,247 on 154 total trades. On average, Mcan Mortgage Corp has traded 31,251 shares over 5 days and 34,402 year-to-date.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 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 raised 6.53%, while they have boosted 4.78% since the start of 2024.

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 $621.85 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..