Madison Pacific Properties (TSE:MPC) Hits New 52-Week Low at $4.20

Madison Pacific Properties Inc. (TSE:MPC)’s share price reached a new 52-week low on Monday . The stock traded as low as C$4.20 and last traded at C$5.19, with a volume of 100 shares changing hands. The stock had previously closed at C$5.26.

Madison Pacific Properties Stock Performance

The company’s 50-day moving average price is C$5.26 and its two-hundred day moving average price is C$5.70. The company has a debt-to-equity ratio of 70.03, a quick ratio of 0.43 and a current ratio of 0.29. The stock has a market cap of C$38.20 million, a PE ratio of -6.03 and a beta of 0.35.

Madison Pacific Properties (TSE:MPC) last posted its quarterly earnings data on Friday, July 12th. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$11.60 million for the quarter. Madison Pacific Properties had a negative net margin of 117.88% and a negative return on equity of 11.24%. On average, equities research analysts forecast that Madison Pacific Properties Inc. will post 5.98 EPS for the current year.

Madison Pacific Properties Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 14th will be given a dividend of $0.052 per share. The ex-dividend date of this dividend is Wednesday, August 14th. Madison Pacific Properties’s dividend payout ratio (DPR) is currently -12.79%.

Madison Pacific Properties Company Profile

Madison Pacific Properties Inc, together with its subsidiaries, engages in owning, developing, and managing real estate properties in Canada. The company's property portfolio comprises office, industrial, commercial, retail, and multi-family rental real estate properties located in Metro Vancouver region, British Columbia, Calgary, Edmonton, Alberta, Sudbury, Mississauga, Monetville, and Ontario.