Madison Pacific Properties Inc. (TSE:MPC - Get Free Report)'s share price was up 2% on Monday . The company traded as high as C$4.69 and last traded at C$4.69. Approximately 600 shares traded hands during trading, a decline of 62% from the average daily volume of 1,571 shares. The stock had previously closed at C$4.60.
Madison Pacific Properties Stock Performance
The stock's 50-day moving average price is C$4.94 and its 200 day moving average price is C$5.14. The company has a quick ratio of 0.43, a current ratio of 0.18 and a debt-to-equity ratio of 73.53. The company has a market cap of C$268.16 million, a P/E ratio of -6.41 and a beta of 0.36.
Insider Buying and Selling
In other news, insider Madison Venture Corporation bought 15,000 shares of the business's stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of C$4.30 per share, for a total transaction of C$64,500.00. Also, Director Graziano Delucchi purchased 10,500 shares of the stock in a transaction on Friday, March 21st. The stock was acquired at an average price of C$4.72 per share, with a total value of C$49,560.00. Insiders acquired 33,500 shares of company stock valued at $154,073 over the last quarter. Corporate insiders own 75.09% of the company's stock.
About Madison Pacific Properties
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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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