Madison Pacific Properties Inc. (TSE:MPC - Get Free Report)'s share price rose 0.9% during mid-day trading on Wednesday . The stock traded as high as C$5.40 and last traded at C$5.40. Approximately 400 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 1,514 shares. The stock had previously closed at C$5.35.
Madison Pacific Properties Stock Performance
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 firm's 50 day moving average price is C$4.88 and its 200-day moving average price is C$4.97. The firm has a market cap of C$304.22 million, a price-to-earnings ratio of -7.28 and a beta of 0.36.
Insiders Place Their Bets
In other news, Director Graziano Delucchi purchased 10,500 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average cost of C$4.72 per share, with a total value of C$49,560.00. Insiders have acquired 14,600 shares of company stock worth $71,191 over the last 90 days. Corporate 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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