Madison Pacific Properties (TSE:MPC) Sets New 12-Month Low – What’s Next?

Shares of Madison Pacific Properties Inc. (TSE:MPC) reached a new 52-week low on Tuesday . The stock traded as low as C$4.60 and last traded at C$4.65, with a volume of 900 shares traded. The stock had previously closed at C$4.80.

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 stock has a 50 day simple moving average of C$4.98 and a two-hundred day simple moving average of C$5.29. The company has a market cap of C$281.68 million, a PE ratio of -6.74 and a beta of 0.36.

Insider Transactions at Madison Pacific Properties

In other Madison Pacific Properties news, insider Madison Venture Corporation acquired 5,500 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average price of C$5.31 per share, with a total value of C$29,205.00. Company insiders own 75.09% of the company’s stock.

About Madison Pacific Properties

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.