Madison Pacific Properties (TSE:MPC) Stock Price Up 3.2% – Still a Buy?

Madison Pacific Properties Inc. (TSE:MPC)’s share price rose 3.2% during trading on Thursday . The stock traded as high as C$4.90 and last traded at C$4.90. Approximately 1 shares changed hands during trading, a decline of 100% from the average daily volume of 1,863 shares. The stock had previously closed at C$4.75.

Madison Pacific Properties Trading Up 3.2%

The company has a quick ratio of 0.43, a current ratio of 0.18 and a debt-to-equity ratio of 83.43. The stock has a market capitalization of C$291.37 million, a P/E ratio of 11.14 and a beta of 0.35. The company has a fifty day simple moving average of C$5.00 and a two-hundred day simple moving average of C$5.20.

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. The company derives its revenue from rental operations and property management.