Maxus Realty Trust (OTCMKTS:MRTI) Issues Earnings Results

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

Maxus Realty Trust Price Performance

OTCMKTS MRTI opened at $72.50 on Friday. The company has a 50-day moving average of $75.87 and a 200-day moving average of $74.84. Maxus Realty Trust has a 12 month low of $54.00 and a 12 month high of $103.99. The company has a market cap of $86.28 million, a P/E ratio of 22.45 and a beta of 0.01.

About Maxus Realty Trust

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.