Mainstreet Equity Corp. (TSE:MEQ) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$39.94 and last traded at C$38.79, with a volume of 200 shares trading hands. The stock had previously closed at C$38.79.

Separately, TD Securities boosted their price target on shares of Mainstreet Equity from C$39.00 to C$44.00 and gave the company a “hold” rating in a research note on Thursday.

In related news, Director Joe Amantea sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of C$34.05, for a total transaction of C$34,050.00.

TRADEMARK VIOLATION WARNING: This article was first reported by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.watchlistnews.com/mainstreet-equity-meq-reaches-new-52-week-high-at-39-94/1764772.html.

About Mainstreet Equity

Mainstreet Equity Corp. is a Canada-based real estate company, which is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings. The Company is engaged in multi-family residential housing. The Company operates in four Canadian markets: Vancouver/Lower Mainland, Calgary (including the City of Lethbridge and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan) and Saskatoon.

Receive News & Ratings for Mainstreet Equity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mainstreet Equity and related companies with Analyst Ratings Network's FREE daily email newsletter.