Mackenzie Mstr Un (MKZ-UN.TO) has witnessed a notable decline this week amidst limited news coverage.
This week, Mackenzie Master Limited Partnership (MKZ-UN.TO) closed at C$0.50, marking a 3.85% drop over the past week. The stock has been relatively quiet in terms of news and coverage, a common trait for small-cap companies in the financial sector. Investors may want to pay attention to the stock's technical indicators and performance metrics as they navigate this period of limited activity.
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Mackenzie Mstr Un (MKZ-UN.TO
MKZ-UN.TO
MKZ-UN.TO
Mackenzie Mstr Un (MKZ-UN.TO
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Market cap
$3.13M
P/E
7.1x
Div. yield
14.20%
Div. / share
$0.07
52W high
$0.58
52W low
$0.39
1W change
-3.85%
Beta
0.92
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MKZ-UN's historical volatility
30-Day Vol
57.4%
Annualized
90-Day Vol
58.4%
Annualized
Trend (90d)
+8.5%
Annualized drift
90d Mean
C$0.52
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.51 | C$0.41 – C$0.62 |
| 60 trading days | C$0.51 | C$0.39 – C$0.68 |
| 90 trading days | C$0.52 | C$0.37 – C$0.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: With a high dividend yield and a stable P/E ratio, MKZ-UN.TO may appeal to income-focused investors despite its recent price decline. However, the limited news coverage and trading volume could indicate a lack of liquidity, which is crucial for potential investors to consider.
Mackenzie Mstr Un (MKZ-UN.TO) Closes at C$0.50 with 14.49% Dividend Yield
The stock's current P/E ratio of 7.14 and a market cap of approximately C$3.13 million highlight its small-cap status, which often comes with higher volatility and less analyst coverage.
Bull case
The company has a strong profit margin of 54.7% and an impressive return on equity (ROE) of 196.9%. These figures indicate effective management and operational efficiency. Additionally, the forward dividend yield stands at an attractive 14.49%, which could draw in dividend-seeking investors.
Bear case
Despite these appealing fundamentals, MKZ-UN.TO has recently dropped 3.85% over the past week. The stock's low trading volume and limited public coverage may suggest potential liquidity issues, which could deter some investors.
Recent Performance Overview
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Mackenzie Master Limited Partnership (MKZ-UN.TO) has seen its stock price close at C$0.50, reflecting a 3.85% decrease over the past week. This decline is consistent with its overall performance, as the stock has also dropped 3.85% over the past month and 1.96% year-to-date. The recent trading volume was 4,502 shares, slightly below the 20-day average volume of 5,009 shares, indicating a slowdown in trading activity.
Technical Picture
From a technical standpoint, MKZ-UN.TO's stock is currently trading just below its 50-day moving average of C$0.51 and its 200-day moving average of C$0.51, suggesting a potential bearish outlook. The stock has a 52-week range of C$0.39 to C$0.58, indicating that it is currently trading at 59% of its 52-week range. With a beta of 0.92, the stock exhibits lower volatility compared to the broader market.
Fundamental Metrics
Mackenzie Master Limited Partnership boasts a P/E ratio of 7.14, which is relatively low and may indicate that the stock is undervalued compared to its earnings potential. The market capitalization stands at approximately C$3.13 million. Additionally, the company has a profit margin of 54.7% and an impressive return on equity of 196.9%, which speaks to its operational efficiency and profitability.
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