Madison Pacific Properties Inc. (TSE:MPC – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.13 and traded as low as C$4.90. Madison Pacific Properties shares last traded at C$4.90, with a volume of 4,700 shares trading hands.
Madison Pacific Properties Stock Down 3.9%
The firm has a market cap of C$291.37 million, a price-to-earnings ratio of 9.42 and a beta of 0.07. The firm has a 50 day moving average price of C$5.09 and a 200-day moving average price of C$5.13. The company has a current ratio of 0.23, a quick ratio of 0.43 and a debt-to-equity ratio of 83.92.
About Madison Pacific Properties
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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