Madison Pacific Properties (TSE:MPC) Stock Price Up 3.3% – Still a Buy?

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

Madison Pacific Properties Trading Up 3.3 %

The firm’s 50-day simple moving average is C$5.72 and its 200 day simple moving average is C$5.46. The firm has a market cap of C$39.16 million, a P/E ratio of -6.19 and a beta of 0.36. The company has a quick ratio of 0.43, a current ratio of 0.29 and a debt-to-equity ratio of 70.03.

Madison Pacific Properties Company Profile

(Get Free Report)

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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