Madison Pacific Properties (TSE:MPC) Shares Down 6.6% – What’s Next?

Shares of Madison Pacific Properties Inc. (TSE:MPCGet Free Report) fell 6.6% on Thursday . The stock traded as low as C$4.63 and last traded at C$4.95. 2,900 shares changed hands during trading, an increase of 109% from the average session volume of 1,386 shares. The stock had previously closed at C$5.30.

Madison Pacific Properties Price Performance

The company has a market cap of C$294.34 million, a P/E ratio of 9.52 and a beta of 0.29. The company has a fifty day moving average price of C$5.01 and a two-hundred day moving average price of C$5.13. 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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