Madison Pacific Properties Inc. (TSE:MPC – Get Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$4.21 and last traded at C$4.87, with a volume of 300 shares changing hands. The stock had previously closed at C$4.71.
Madison Pacific Properties Trading Up 3.4%
The stock’s fifty day simple moving average is C$4.81 and its 200-day simple moving average is C$4.93. The company has a debt-to-equity ratio of 84.54, a current ratio of 0.24 and a quick ratio of 0.43. The firm has a market cap of C$289.58 million, a PE ratio of 12.17 and a beta of 0.02.
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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