Madison Pacific Properties (TSE:MPC) Shares Up 7.2% – What’s Next?

Madison Pacific Properties Inc. (TSE:MPCGet Free Report)’s share price was up 7.2% on Monday . The company traded as high as C$5.30 and last traded at C$5.09. 270 shares traded hands during trading, a decline of 84% from the average daily volume of 1,644 shares. The stock had previously closed at C$4.75.

Madison Pacific Properties Stock Performance

The firm has a market cap of C$297.91 million, a price-to-earnings ratio of 9.63 and a beta of 0.01. The firm’s 50 day moving average is C$4.96 and its 200-day moving average is C$5.02. The company has a debt-to-equity ratio of 83.92, a quick ratio of 0.43 and a current ratio of 0.23.

Madison Pacific Properties Company Profile

(Get Free Report)

Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.

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