(MKP) MCAN Mortgage - Ratings and Ratios

MCAN Mortgage Corporation (MKP) is a Canada-based financial institution specializing in mortgage and loan investments. The company operates across multiple mortgage segments, including residential mortgages for single-family homes and condominiums, construction loans for residential and non-residential projects, and commercial loans for industrial and retail properties. Beyond mortgages, MCAN manages a diversified portfolio that includes government securities, corporate bonds, real estate investments, and private equity ventures. The firm also offers term deposits to retail investors through a network of independent financial advisors. Established in 1991 under the name MCAP Inc., the company rebranded as MCAN Mortgage Corporation in September 2006. Headquartered in Toronto, Ontario, MCAN is a key player in Canadas mortgage finance sector. For more information, visit their official website at https://mcanfinancial.com.

From a technical perspective, MKP is currently trading at $18.91, slightly above its 20-day and 50-day simple moving averages (SMAs) of $18.33 and $18.32, respectively. The stocks 200-day SMA stands at $17.67, indicating a steady upward trend over the past year. The average true range (ATR) of 0.40 suggests moderate volatility. Fundamental analysis highlights a market capitalization of $740.68 million CAD, with a price-to-earnings (P/E) ratio of 9.24 and a forward P/E of 9.29, signaling reasonable valuation. The price-to-book (P/B) ratio of 1.24 reflects a modest premium to book value, while the price-to-sales (P/S) ratio of 5.67 indicates a relatively high valuation relative to revenue. Return on equity (RoE) stands at 13.14%, demonstrating solid profitability.