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Madison Pacific Properties (TSE:MPC) Stock Price Down 12.7% - Here's What Happened

Madison Pacific Properties logo with Real Estate background

Madison Pacific Properties Inc. (TSE:MPC - Get Free Report) fell 12.7% during mid-day trading on Monday . The company traded as low as C$4.80 and last traded at C$4.80. 500 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 1,501 shares. The stock had previously closed at C$5.50.

Madison Pacific Properties Trading Down 5.8%

The business's fifty day moving average is C$5.14 and its 200-day moving average is C$5.00. The firm has a market cap of C$285.06 million, a P/E ratio of -6.82 and a beta of 0.36. The company has a debt-to-equity ratio of 73.53, a quick ratio of 0.43 and a current ratio of 0.18.

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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