Madison Pacific Properties (TSE:MPC) Stock Price Up 4% – Time to Buy?

Madison Pacific Properties Inc. (TSE:MPCGet Free Report) shares were up 4% during mid-day trading on Monday . The company traded as high as C$5.40 and last traded at C$5.40. Approximately 3,600 shares were traded during trading, an increase of 125% from the average daily volume of 1,600 shares. The stock had previously closed at C$5.19.

Madison Pacific Properties Price Performance

The firm has a market capitalization of C$321.10 million, a P/E ratio of -7.30 and a beta of 0.40. The company has a fifty day moving average of C$5.30 and a 200 day moving average of C$5.29. The company has a debt-to-equity ratio of 73.53, a current ratio of 0.18 and a quick ratio of 0.43.

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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