Madison Pacific Properties Inc. (TSE:MPC) Insider Madison Venture Corporation Acquires 1,900 Shares

Madison Pacific Properties Inc. (TSE:MPC - Get Free Report) insider Madison Venture Corporation purchased 1,900 shares of the business's stock in a transaction on Thursday, June 19th. The stock was purchased at an average cost of C$5.50 per share, for a total transaction of C$10,450.00.

Madison Pacific Properties Stock Up 1.9%

Shares of MPC traded up C$0.10 during midday trading on Friday, hitting C$5.50. 2,500 shares of the company's stock traded hands, compared to its average volume of 1,537. The company has a current ratio of 0.18, a quick ratio of 0.43 and a debt-to-equity ratio of 73.53. The stock has a market capitalization of C$309.85 million, a price-to-earnings ratio of -7.41 and a beta of 0.36. Madison Pacific Properties Inc. has a 1 year low of C$4.15 and a 1 year high of C$7.08. The firm's fifty day moving average is C$4.89 and its 200-day moving average is C$4.97.

About Madison Pacific Properties

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.

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