Insider Buying: MCAN Mortgage Co. (MKP) Insider Acquires 4,000 Shares of Stock

MCAN Mortgage Co. (TSE:MKP) insider Ian Sutherland acquired 4,000 shares of MCAN Mortgage stock in a transaction that occurred on Monday, December 18th. The stock was acquired at an average cost of C$17.43 per share, with a total value of C$69,720.00.

Ian Sutherland also recently made the following trade(s):

  • On Friday, December 15th, Ian Sutherland purchased 1,000 shares of MCAN Mortgage stock. The stock was purchased at an average cost of C$17.56 per share, for a total transaction of C$17,560.00.
  • On Friday, November 17th, Ian Sutherland acquired 3,700 shares of MCAN Mortgage stock. The shares were bought at an average cost of C$17.29 per share, for a total transaction of C$63,973.00.

MCAN Mortgage Co. (TSE MKP) traded down C$0.05 during mid-day trading on Wednesday, reaching C$17.91. 6,837 shares of the company’s stock were exchanged, compared to its average volume of 14,022. The firm has a market cap of $418.46, a P/E ratio of 10.92 and a beta of 0.34. MCAN Mortgage Co. has a 12 month low of C$13.10 and a 12 month high of C$18.20.

Separately, National Bank Financial lowered shares of MCAN Mortgage from a “sector perform” rating to an “underperform” rating and set a C$15.50 price target on the stock. in a report on Tuesday, October 24th.

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About MCAN Mortgage

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.

Insider Buying and Selling by Quarter for MCAN Mortgage (TSE:MKP)

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