Madison Pacific Properties (TSE:MPC) Sets New 52-Week Low – Time to Sell?

Madison Pacific Properties Inc. (TSE:MPC)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$4.76 and last traded at C$4.76, with a volume of 200 shares changing hands. The stock had previously closed at C$5.00.

Madison Pacific Properties Stock Up 4.2 %

The company has a market cap of C$36.51 million, a PE ratio of -5.77 and a beta of 0.36. The company has a debt-to-equity ratio of 70.03, a quick ratio of 0.43 and a current ratio of 0.29. The stock’s 50 day moving average price is C$5.28 and its 200-day moving average price is C$5.37.

Insider Buying and Selling at Madison Pacific Properties

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

Madison Pacific Properties Company Profile

Madison Pacific Properties Inc, together with its subsidiaries, engages in owning, developing, and managing real estate properties in Canada. The company's property portfolio comprises office, industrial, commercial, retail, and multi-family rental real estate properties located in Metro Vancouver region, British Columbia, Calgary, Edmonton, Alberta, Sudbury, Mississauga, Monetville, and Ontario.