Madison Pacific Properties (TSE:MPC) Trading Down 0.9%

Madison Pacific Properties Inc. (TSE:MPC) dropped 0.9% during trading on Monday . The company traded as low as C$5.14 and last traded at C$5.37. Approximately 400 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 853 shares. The stock had previously closed at C$5.42.

Madison Pacific Properties Price Performance

The firm has a market cap of C$39.52 million, a price-to-earnings ratio of -6.71 and a beta of 0.36. The company has a debt-to-equity ratio of 69.85, a current ratio of 0.31 and a quick ratio of 0.43. The stock’s fifty day moving average price is C$5.64 and its 200-day moving average price is C$5.97.

Madison Pacific Properties (TSE:MPC) last posted its earnings results on Monday, April 15th. The company reported C$0.24 earnings per share (EPS) for the quarter. The business had revenue of C$11.11 million for the quarter. Madison Pacific Properties had a negative net margin of 108.96% and a negative return on equity of 10.41%. Equities research analysts predict that Madison Pacific Properties Inc. will post 5.98 EPS for the current fiscal year.

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.