Maxus Realty Trust (OTCMKTS:MRTI) Posts Quarterly Earnings Results

Key Points

• Maxus Realty Trust reported a quarterly loss of ($0.24) EPS for the recent quarter, highlighting ongoing challenges in its financial performance.
• The company's stock price remained flat at $55.00, with a market capitalization of $65.45 million and a P/E ratio of -23.11.
• Maxus Realty Trust operates as an umbrella partnership REIT (UPREIT), having formed a partnership to manage its assets and liabilities more effectively.

Maxus Realty Trust (OTCMKTS:MRTI - ) posted its quarterly earnings data on Thursday. The company reported ($0.24) EPS for the quarter, Zacks reports.

Maxus Realty Trust Stock Performance

OTCMKTS MRTI remained flat at $55.00 on Thursday. The stock has a market capitalization of $65.45 million, a P/E ratio of -23.11 and a beta of 0.05. The company's 50 day simple moving average is $56.91 and its two-hundred day simple moving average is $64.66. Maxus Realty Trust has a fifty-two week low of $54.00 and a fifty-two week high of $84.97.

Maxus Realty Trust Company Profile

Maxus Realty Trust, Inc (the Trust), is structured as what is commonly referred to as an umbrella partnership REIT, or UPREIT, structure. To effect the UPREIT restructuring, the Trust formed Maxus Operating Limited Partnership, a Delaware limited partnership ("MOLP"), to which the Trust contributed all of its assets, in exchange for a 99.999% partnership interest in MOLP and the assumption by MOLP of all of the Trust's liabilities.

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