Maxus Realty Trust (OTCMKTS:MRTI) Announces Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) posted its earnings results on Friday. The company reported $1.31 earnings per share for the quarter, Zacks reports. The firm had revenue of $18.82 million during the quarter.

Maxus Realty Trust Stock Performance

OTCMKTS:MRTI opened at $75.00 on Friday. Maxus Realty Trust has a twelve month low of $54.70 and a twelve month high of $103.99. The firm has a 50-day moving average price of $77.25 and a two-hundred day moving average price of $77.49. The company has a market capitalization of $89.10 million, a P/E ratio of 13.00 and a beta of 0.02.

Maxus Realty Trust Company Profile

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership (“MOLP”), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust’s liabilities.