Madison Pacific Properties (TSE:MPC) Stock Price Down 7.8% – Time to Sell?

Madison Pacific Properties Inc. (TSE:MPC – Get Free Report) traded down 7.8% on Wednesday. The company traded as low as C$4.52 and last traded at C$4.52. 100 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 1,636 shares. The stock had previously closed at C$4.90.

Madison Pacific Properties Price Performance

The firm has a market capitalization of C$268.77 million, a price-to-earnings ratio of 11.30 and a beta of 0.02. The company has a fifty day moving average price of C$4.82 and a two-hundred day moving average price of C$4.91. The company has a quick ratio of 0.43, a current ratio of 0.24 and a debt-to-equity ratio of 84.54.

Madison Pacific Properties Company Profile

(Get Free Report)

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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