Madison Pacific Properties (TSE:MPC) Hits New 52-Week Low – Should You Sell?

Madison Pacific Properties Inc. (TSE:MPCGet Free Report) reached 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. The stock had previously closed at C$4.71.

Madison Pacific Properties Price Performance

The stock’s fifty day moving average price is C$4.82 and its two-hundred day moving average price is C$4.93. The firm has a market capitalization of C$289.58 million, a price-to-earnings ratio of 12.17 and a beta of 0.02. The company has a current ratio of 0.24, a quick ratio of 0.43 and a debt-to-equity ratio of 84.54.

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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