MCAN Mortgage Corporation operates as a loan and mortgage investment corporation in Canada. The company engages in real estate lending and investing, including residential mortgage and construction lending, non-residential construction and commercial lending, as well as portfolio of securities, loans, real estate investments and private investment activities. It also provides term deposits through a network of independent financial agents, as well as through a direct-to-consumer channel. The company was formerly known as MCAP Inc. and changed its name to MCAN Mortgage Corporation in September 2006. MCAN Mortgage Corporation was founded in 1991 and is headquartered in Toronto, Canada.
Research context
MCAN Mortgage Corporation appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Mortgage Finance
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5 years, 6 months ago
MCAN Mortgage Corporation is currently in a long term uptrend where the price is trading 8.1% above its 200 day moving average.
From a valuation standpoint, the stock is 79.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 5.6.
MCAN Mortgage Corporation's total revenue rose by 0.1% to $29M since the same quarter in the previous year.
Its net income has increased by 109.3% to $22M since the same quarter in the previous year.
Finally, its free cash flow grew by 434.8% to $41M since the same quarter in the previous year.
Based on the above factors, MCAN Mortgage Corporation gets an overall score of 5/5.