Madison Pacific Properties Inc. (TSE:MPC - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$5.20 and last traded at C$4.85, with a volume of 100 shares changing hands. The stock had previously closed at C$4.66.
Madison Pacific Properties Trading Up 9.0%
The firm has a fifty day simple moving average of C$4.79 and a two-hundred day simple moving average of C$4.97. The firm has a market capitalization of C$286.19 million, a P/E ratio of -6.85 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.
Insider Activity
In other Madison Pacific Properties news, Director Graziano Delucchi bought 10,500 shares of the stock in a transaction dated Friday, March 21st. The stock was purchased at an average cost of C$4.72 per share, for a total transaction of C$49,560.00. Over the last three months, insiders have purchased 20,400 shares of company stock valued at $99,479. 75.09% of the stock is currently owned by insiders.
About Madison Pacific Properties
(
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.
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