MCAN Mortgage Co. (TSE:MKP) insider Ian Sutherland bought 10,000 shares of the stock in a transaction dated Wednesday, November 14th. The stock was bought at an average cost of C$13.77 per share, with a total value of C$137,700.00.
Ian Sutherland also recently made the following trade(s):
- On Monday, November 12th, Ian Sutherland bought 7,000 shares of MCAN Mortgage stock. The stock was bought at an average cost of C$14.00 per share, with a total value of C$98,000.00.
Shares of TSE MKP traded down C$0.02 during midday trading on Friday, reaching C$13.81. The company had a trading volume of 730 shares, compared to its average volume of 19,738. MCAN Mortgage Co. has a one year low of C$12.90 and a one year high of C$19.46. The company has a debt-to-equity ratio of 319.11, a current ratio of 1.99 and a quick ratio of 1.96.
Separately, National Bank Financial lowered their target price on MCAN Mortgage from C$17.00 to C$12.00 and set an “underperform” rating for the company in a research note on Tuesday, October 30th.
MCAN Mortgage Company Profile
MCAN Mortgage Corporation operates as a mortgage investment corporation in Canada. It issues term deposits; and originates residential first-charge mortgage products. The company focuses on investing its funds in a portfolio of mortgages, including single family residential, residential construction, non-residential construction, and commercial loans, as well as other types of financial investments, loans, and real estate investments.
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