Madison Pacific Properties Inc. (TSE:MPC – Get Free Report) shares were down 6.6% during mid-day trading on Thursday . The company traded as low as C$4.63 and last traded at C$4.95. Approximately 2,900 shares traded hands during trading, an increase of 109% from the average daily volume of 1,386 shares. The stock had previously closed at C$5.30.
Madison Pacific Properties Stock Performance
The company has a quick ratio of 0.43, a current ratio of 0.23 and a debt-to-equity ratio of 83.92. The stock has a market cap of C$294.34 million, a P/E ratio of 9.52 and a beta of 0.29. The stock has a fifty day simple moving average of C$5.01 and a 200-day simple moving average of C$5.13.
About Madison Pacific Properties
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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