Madison Pacific Properties (TSE:MPC) Hits New 52-Week Low – Should You Sell?

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

Madison Pacific Properties Price Performance

The company has a debt-to-equity ratio of 73.53, a quick ratio of 0.43 and a current ratio of 0.18. The firm has a market capitalization of C$281.68 million, a P/E ratio of -6.74 and a beta of 0.36. The stock has a fifty day moving average price of C$4.98 and a two-hundred day moving average price of C$5.29.

Insider Activity

In related news, insider Madison Venture Corporation acquired 5,500 shares of Madison Pacific Properties stock in a transaction that occurred on Friday, December 20th. The stock was acquired 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.

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.