Sagen MI Canada (TSE:MIC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Sagen MI Canada Inc. (TSE:MICGet Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 traded.

Sagen MI Canada Price Performance

The stock has a market capitalization of C$3.75 billion and a price-to-earnings ratio of 8.61. The company has a current ratio of 0.32, a quick ratio of 0.25 and a debt-to-equity ratio of 18.46. The stock has a 50 day moving average of C$43.48.

Sagen MI Canada Company Profile

(Get Free Report)

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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