Maxus Realty Trust (OTCMKTS:MRTI) Posts Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) announced its earnings results on Tuesday. The company reported $3.03 earnings per share for the quarter, Zacks reports. The business had revenue of $18.31 million during the quarter.

Maxus Realty Trust Price Performance

Shares of OTCMKTS:MRTI opened at $77.11 on Thursday. The firm has a market cap of $91.76 million, a P/E ratio of 23.87 and a beta of 0.10. Maxus Realty Trust has a 12 month low of $54.00 and a 12 month high of $103.99. The company’s 50-day moving average price is $80.40 and its two-hundred day moving average price is $70.85.

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.