Madison Pacific Properties (TSE:MPC) Trading 7.2% Higher – Still a Buy?

Madison Pacific Properties Inc. (TSE:MPCGet Free Report)’s stock price rose 7.2% during trading on Monday . The company traded as high as C$5.30 and last traded at C$5.09. 270 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,644 shares. The stock had previously closed at C$4.75.

Madison Pacific Properties Stock Performance

The stock has a market cap of C$302.67 million, a P/E ratio of 9.79 and a beta of 0.01. The firm’s 50-day moving average is C$4.96 and its two-hundred day moving average is C$5.02. The company has a quick ratio of 0.43, a current ratio of 0.23 and a debt-to-equity ratio of 83.92.

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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