Sagen MI Canada Inc. (TSE:MIC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Monday . 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 changing hands.
Sagen MI Canada Price Performance
The company has a market capitalization of C$3.75 billion and a price-to-earnings ratio of 8.61. The company has a 50-day moving average of C$43.48. The company has a current ratio of 0.32, a quick ratio of 0.25 and a debt-to-equity ratio of 18.46.
About Sagen MI Canada
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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