Madison Pacific Properties (TSE:MPC) Reaches New 1-Year Low – Time to Sell?

Madison Pacific Properties Inc. (TSE:MPCGet Free Report)’s stock price reached a new 52-week low on Wednesday . The company traded as low as C$4.21 and last traded at C$4.71, with a volume of 1635 shares changing hands. The stock had previously closed at C$4.71.

Madison Pacific Properties Price Performance

The company has a quick ratio of 0.43, a current ratio of 0.24 and a debt-to-equity ratio of 84.54. The firm has a market cap of C$280.07 million, a PE ratio of 11.77 and a beta of 0.03. The firm’s 50 day moving average is C$4.81 and its 200-day moving average is C$4.93.

Madison Pacific Properties Company Profile

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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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