Madison Pacific Properties (TSE:MPC) Sets New 12-Month Low – Should You Sell?

Shares of Madison Pacific Properties Inc. (TSE:MPC) hit a new 52-week low during mid-day 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 traded. The stock had previously closed at C$4.84.

Madison Pacific Properties Stock Performance

The firm has a market capitalization of C$34.89 million, a price-to-earnings ratio of -5.51 and a beta of 0.36. The business’s fifty day moving average is C$5.01 and its 200 day moving average is C$5.30. The company has a quick ratio of 0.43, a current ratio of 0.29 and a debt-to-equity ratio of 70.03.

Insider Transactions at Madison Pacific Properties

In related news, insider Madison Venture Corporation bought 5,500 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average price of C$5.31 per share, for a total transaction of C$29,205.00. Company insiders own 75.09% of the company’s stock.

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.