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

Mcan Mortgage Corp opened trading today at $16.62 and closed at $16.64. prices ranged from $16.55 to $16.70.

Share prices advanced 0.12% from the previous day's close of $16.62.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 36,079 on 162 total trades. On average, Mcan Mortgage Corp has traded 44,253 shares in the last five days and 34,746 year-to-date.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 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, the shares have advanced 1.77% in the last year, while in 2024, they have boosted 4.72%.

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 $629.43 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.

Currently, Mcan Mortgage Corp has an average recommendation of "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..