Shares of Melcor Developments Ltd. (TSE:MRD – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$11.41 and traded as high as C$11.45. Melcor Developments shares last traded at C$11.45, with a volume of 6,117 shares trading hands.
Melcor Developments Stock Down 0.8 %
The company has a quick ratio of 2.65, a current ratio of 10.17 and a debt-to-equity ratio of 53.05. The stock has a market cap of C$350.75 million, a price-to-earnings ratio of 5.66 and a beta of 1.41. The business’s fifty day moving average is C$11.51 and its two-hundred day moving average is C$11.41.
Melcor Developments (TSE:MRD – Get Free Report) last announced its quarterly earnings data on Wednesday, March 13th. The company reported C$0.34 earnings per share for the quarter. Melcor Developments had a net margin of 19.98% and a return on equity of 5.01%. The firm had revenue of C$125.13 million during the quarter. Equities analysts forecast that Melcor Developments Ltd. will post 2.3104839 earnings per share for the current fiscal year.
Melcor Developments Cuts Dividend
Melcor Developments Company Profile
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, REIT, and Golf divisions. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses.
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