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

Madison Pacific Properties Inc. (TSE:MPC) shares reached a new 52-week low during trading on Tuesday . The stock 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 current ratio of 0.18 and a quick ratio of 0.43. The company’s 50 day moving average price is C$4.98 and its 200 day moving average price is C$5.29. The firm has a market capitalization of C$281.68 million, a P/E ratio of -6.74 and a beta of 0.36.

Insider Activity

In other Madison Pacific Properties news, insider Madison Venture Corporation acquired 5,500 shares of Madison Pacific Properties stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of C$5.31 per share, with a total value of C$29,205.00. 75.09% of the stock is owned by 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.