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Madison Pacific Properties (TSE:MPC) Hits New 52-Week High - Here's What Happened

Madison Pacific Properties logo with Real Estate background

Madison Pacific Properties Inc. (TSE:MPC - Get Free Report)'s stock price 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 traded. The stock had previously closed at C$4.66.

Madison Pacific Properties Stock Performance

The stock has a market capitalization of C$286.19 million, a P/E ratio of -6.85 and a beta of 0.36. The firm has a 50-day moving average of C$4.78 and a 200 day moving average of C$4.97. The company has a quick ratio of 0.43, a current ratio of 0.18 and a debt-to-equity ratio of 73.53.

Insider Transactions at Madison Pacific Properties

In related news, Director Graziano Delucchi bought 10,500 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was acquired at an average price of C$4.72 per share, for a total transaction of C$49,560.00. In the last three months, insiders acquired 20,400 shares of company stock valued at $99,479. Company insiders own 75.09% of the company's stock.

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.

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