Maxus Realty Trust (OTCMKTS:MRTI) Announces Quarterly Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) issued its earnings results on Thursday. The company reported $1.99 earnings per share for the quarter, Zacks reports. The company had revenue of $18.60 million for the quarter.

Maxus Realty Trust Stock Performance

MRTI stock remained flat at $72.50 during trading on Friday. The stock has a market capitalization of $86.28 million, a P/E ratio of 12.56 and a beta of 0.01. 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 $75.78 and its 200 day moving average price is $74.83.

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.