Madison Pacific Properties (TSE:MPC) Sets New 1-Year High – Here’s Why

Madison Pacific Properties Inc. (TSE:MPCGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$5.10 and last traded at C$4.76, with a volume of 101 shares. The stock had previously closed at C$4.76.

Madison Pacific Properties Price Performance

The company has a market capitalization of C$283.04 million, a P/E ratio of 11.90 and a beta of 0.03. 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’s 50-day moving average is C$4.87 and its 200-day moving average is C$4.97.

About Madison Pacific Properties

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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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