Maxus Realty Trust (OTCMKTS:MRTI) Releases Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) posted its quarterly earnings data on Friday. The company reported $0.99 EPS for the quarter, Zacks reports. The firm had revenue of $17.60 million during the quarter.

Maxus Realty Trust Stock Performance

MRTI remained flat at $59.74 during trading hours on Friday. The stock has a 50 day moving average price of $59.58 and a 200-day moving average price of $57.69. Maxus Realty Trust has a 52-week low of $54.00 and a 52-week high of $84.97. The company has a market cap of $70.97 million, a price-to-earnings ratio of -29.87 and a beta of 0.12.

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.