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Mcan Mortgage (TSE:MKP) was downgraded by analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Friday.

Mcan Mortgage (TSE:MKP) opened at 14.78 on Friday. Mcan Mortgage has a 52-week low of $11.35 and a 52-week high of $14.84. The stock has a 50-day moving average of $14.5 and a 200-day moving average of $13.82. The company has a market cap of $303.8 million and a price-to-earnings ratio of 8.75.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 7.58%.

MCAN Mortgage Corporation (TSE:MKP) is a loan company and a mortgage investment corporation.

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