Madison Pacific Properties (TSE:MPC) Shares Up 3.3% – Here’s What Happened

Madison Pacific Properties Inc. (TSE:MPCGet Free Report)’s share price rose 3.3% during mid-day trading on Thursday . The company traded as high as C$5.32 and last traded at C$5.32. Approximately 400 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 923 shares. The stock had previously closed at C$5.15.

Madison Pacific Properties Stock Down 6.0 %

The firm’s fifty day simple moving average is C$5.71 and its 200 day simple moving average is C$5.45. The company has a current ratio of 0.29, a quick ratio of 0.43 and a debt-to-equity ratio of 70.03. The company has a market cap of C$36.80 million, a price-to-earnings ratio of -5.81 and a beta of 0.36.

About Madison Pacific Properties

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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.

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