Madison Pacific Properties (TSE:MPC) Shares Down 0.2% - Here's What Happened

Key Points

• Shares fell 0.2% to C$4.89 mid-day, with only 101 shares traded — a 93% drop from the average session volume of 1,450 shares.
• The company has a market cap of C$290.77 million, a negative P/E (-6.61), high leverage (debt-to-equity 85.96) and weak liquidity (quick ratio 0.43, current ratio 0.22).
• Madison Pacific Properties is a Western Canada real estate owner/operator of office, industrial and commercial properties, deriving revenue from rentals and property management and holding residential joint-venture investments.

Shares of Madison Pacific Properties Inc. (TSE:MPC - ) fell 0.2% during mid-day trading on Monday . The stock traded as low as C$4.89 and last traded at C$4.89. 101 shares were traded during trading, a decline of 93% from the average session volume of 1,450 shares. The stock had previously closed at C$4.90.

Madison Pacific Properties Trading Down 0.2%

The company has a 50 day moving average price of C$5.17 and a 200 day moving average price of C$5.26. The firm has a market cap of C$290.77 million, a price-to-earnings ratio of -6.61 and a beta of 0.35. The company has a debt-to-equity ratio of 85.96, a quick ratio of 0.43 and a current ratio of 0.22.

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. The company derives its revenue from rental operations and property management.

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