MCAN Mortgage Corp. (TSE:MKP) insider Robert Horton sold 1,500 shares of the firm’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of C$17.60, for a total value of C$26,400.00.
Robert Horton also recently made the following trade(s):
- On Friday, April 13th, Robert Horton sold 1,461 shares of MCAN Mortgage stock. The stock was sold at an average price of C$17.70, for a total value of C$25,859.70.
- On Wednesday, April 11th, Robert Horton sold 2,500 shares of MCAN Mortgage stock. The stock was sold at an average price of C$17.79, for a total value of C$44,475.00.
- On Monday, April 9th, Robert Horton sold 2,500 shares of MCAN Mortgage stock. The shares were sold at an average price of C$17.77, for a total value of C$44,425.00.
- On Tuesday, April 3rd, Robert Horton sold 1,500 shares of MCAN Mortgage stock. The shares were sold at an average price of C$17.61, for a total value of C$26,415.00.
MKP stock traded up C$0.06 during trading on Tuesday, hitting C$17.84. 4,804 shares of the company’s stock traded hands, compared to its average volume of 12,580. MCAN Mortgage Corp. has a 1 year low of C$13.10 and a 1 year high of C$18.50.
MCAN Mortgage (TSE:MKP) last issued its quarterly earnings data on Friday, February 23rd. The company reported C$0.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.41 by C$0.06. MCAN Mortgage had a net margin of 39.86% and a return on equity of 14.76%.
Separately, National Bank Financial lifted their price target on MCAN Mortgage from C$15.00 to C$16.00 and gave the company an “underperform” rating in a research report on Thursday, February 1st.
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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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