Madison Pacific Properties (TSE:MPC) Sets New 1-Year Low – Here’s Why

Shares of Madison Pacific Properties Inc. (TSE:MPC) hit a new 52-week low during trading on Monday . The stock traded as low as C$4.74 and last traded at C$4.74, with a volume of 100 shares. The stock had previously closed at C$4.84.

Madison Pacific Properties Price Performance

The company has a debt-to-equity ratio of 70.03, a current ratio of 0.29 and a quick ratio of 0.43. The stock’s 50 day simple moving average is C$5.01 and its two-hundred day simple moving average is C$5.30. The stock has a market cap of C$34.89 million, a price-to-earnings ratio of -5.51 and a beta of 0.36.

Insider Activity

In related news, insider Madison Venture Corporation acquired 5,500 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average price of C$5.31 per share, for a total transaction of C$29,205.00. 75.09% of the stock is currently owned by corporate insiders.

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.