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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today in trading, Mcan Mortgage Corp shares closed at $16.60 after opening the day at $16.99. prices ranged from a low of $16.56 to a high of $16.99.

The price decreased -2.12% from the previous day's close of $16.96.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 14,832 shares was traded during the session, with total trades of 114. On average, Mcan Mortgage Corp has traded 36,188 shares over 5 days and 34,229 year-to-date.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 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 advanced 2.41% in the last 12 months, while they have boosted 4.47% this year.

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 $642.30 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..