Closing Bell: Mcan Mortgage Corp down on Tuesday (MKP)

In today's trading, Mcan Mortgage Corp shares opened at $16.54 and closed at $16.96. Intraday prices ranged from a low of $16.53 to a high of $17.15.

The price shrank -0.88% from the previous day's close of $17.11.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 50,739 shares was traded during the last trading day, with total trades of 355, while having an average volume of 36,336 over 5 days.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, MKP.TO has traded as high as $17.15 (August 06,2024) and low as $14.87 (October 25,2023). Moreover, the shares have boosted 4.63% in 52 weeks, while this year, they have advanced 6.73%.

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 $647.99 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.

Based on 1.00 analysts, Mcan Mortgage Corp gets an average recommendation of "Hold" 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..