Melcor Developments Ltd. (TSE:MRD – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$15.17 and traded as high as C$16.41. Melcor Developments shares last traded at C$16.40, with a volume of 13,216 shares.
Melcor Developments Trading Up 0.4%
The company has a current ratio of 18.08, a quick ratio of 2.65 and a debt-to-equity ratio of 53.41. The business has a 50 day moving average of C$15.67 and a two-hundred day moving average of C$15.17. The firm has a market cap of C$493.80 million, a P/E ratio of 8.54 and a beta of 0.58.
Melcor Developments (TSE:MRD – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported C$0.46 EPS for the quarter. The firm had revenue of C$72.54 million for the quarter. Melcor Developments had a net margin of 3.77% and a return on equity of 0.94%. Analysts predict that Melcor Developments Ltd. will post 2.3613596 earnings per share for the current year.
Melcor Developments Dividend Announcement
About Melcor Developments
Melcor Developments Ltd is a real estate development and asset management company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.
Featured Stories
- Five stocks we like better than Melcor Developments
- Your Bank Account Is No Longer Safe
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- The day the gold market broke
Receive News & Ratings for Melcor Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melcor Developments and related companies with MarketBeat.com's FREE daily email newsletter.
