Madison Pacific Properties (TSE:MPC) Hits New 1-Year Low - What's Next?

Madison Pacific Properties Inc. (TSE:MPC - Get Free Report)'s stock price hit a new 52-week low on Monday . The company traded as low as C$4.15 and last traded at C$4.15, with a volume of 5550 shares changing hands. The stock had previously closed at C$5.42.

Madison Pacific Properties Stock Performance

The company has a market capitalization of C$233.80 million, a price-to-earnings ratio of -5.59 and a beta of 0.36. The company has a debt-to-equity ratio of 73.53, a current ratio of 0.18 and a quick ratio of 0.43. The stock has a 50 day moving average price of C$4.87 and a two-hundred day moving average price of C$5.01.

Insider Activity at Madison Pacific Properties

In other news, Director Graziano Delucchi purchased 10,500 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The shares were acquired at an average price of C$4.72 per share, for a total transaction of C$49,560.00. Also, insider Madison Venture Corporation purchased 15,000 shares of the firm's stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of C$4.30 per share, for a total transaction of C$64,500.00. Insiders have bought a total of 35,500 shares of company stock worth $164,469 over the last 90 days. Insiders own 75.09% of the company's stock.

Madison Pacific Properties Company Profile

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.