Maxus Realty Trust (OTCMKTS:MRTI) Releases Earnings Results

Maxus Realty Trust (OTCMKTS:MRTI) issued its earnings results on Friday. The company reported $1.31 EPS for the quarter, Zacks reports. The firm had revenue of $18.82 million for the quarter.

Maxus Realty Trust Price Performance

Shares of OTCMKTS MRTI opened at $75.00 on Friday. The business has a 50-day moving average of $77.25 and a two-hundred day moving average of $77.49. The company has a market capitalization of $89.25 million, a price-to-earnings ratio of 10.25 and a beta of 0.02. Maxus Realty Trust has a 1 year low of $54.70 and a 1 year high of $103.99.

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.