Sagen MI Canada Inc. (TSE:MIC – Get Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$43.50. Sagen MI Canada shares last traded at C$43.48, with a volume of 723,454 shares.
Sagen MI Canada Stock Performance
The company has a quick ratio of 0.25, a current ratio of 0.32 and a debt-to-equity ratio of 18.46. The stock has a market capitalization of C$3.75 billion and a price-to-earnings ratio of 8.61. The firm has a fifty day moving average of C$43.48.
Sagen MI Canada Company Profile
Sagen MI Canada Inc, through its subsidiaries, operates as a private residential mortgage insurer in Canada. It provides mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. The company was formerly known as Genworth MI Canada Inc and changed its name to Sagen MI Canada Inc in February 2021.
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