MCAN Mortgage Co. (TSE:MKP) Director Susan Doré sold 1,900 shares of the company’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of C$17.00, for a total transaction of C$32,300.00.
Shares of MCAN Mortgage Co. (TSE:MKP) traded down C$0.25 during mid-day trading on Monday, reaching C$17.66. 17,236 shares of the company traded hands, compared to its average volume of 21,246. MCAN Mortgage Co. has a one year low of C$13.10 and a one year high of C$18.20.
Separately, National Bank Financial downgraded shares of MCAN Mortgage from a “sector perform” rating to an “underperform” rating and set a C$15.50 price objective on the stock. in a research report on Tuesday, October 24th.
MCAN Mortgage Company Profile
MCAN Mortgage Corporation (MCAN) is a Canada-based loan company and mortgage investment corporation. The Company’s primary objective is to generate income by investing its corporate 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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