Madison Pacific Properties (TSE:MPC) Shares Up 0.3%

Madison Pacific Properties Inc. (TSE:MPC)’s stock price shot up 0.3% on Friday . The stock traded as high as C$3.53 and last traded at C$3.53, 1,300 shares were traded during mid-day trading. A decline of 43% from the average session volume of 2,286 shares. The stock had previously closed at C$3.52.

The company’s 50 day moving average price is C$3.37 and its two-hundred day moving average price is C$3.51. The company has a debt-to-equity ratio of 67.24, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $24.74 million and a PE ratio of 6.14.

Madison Pacific Properties (TSE:MPC) last issued its earnings results on Friday, July 12th. The company reported C$0.12 EPS for the quarter. The firm had revenue of C$7.76 million for the quarter. Analysts forecast that Madison Pacific Properties Inc. will post 5.9800001 earnings per share for the current year.

In other Madison Pacific Properties news, insider Raymond Heung sold 58,000 shares of Madison Pacific Properties stock in a transaction dated Friday, June 14th. The shares were sold at an average price of C$3.13, for a total transaction of C$181,540.00. Following the transaction, the insider now directly owns 6,562,217 shares of the company’s stock, valued at C$20,539,739.21.

Madison Pacific Properties Company Profile (TSE:MPC)

Madison Pacific Properties Inc, together with its subsidiaries, owns, develops, and manages office, industrial, commercial, and retail real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario. Its property portfolio comprises interests in 1,505,850 square feet of net rentable area of industrial properties; 120,559 square feet of net rentable area of retail/highway commercial properties; and 1,743,098 square feet of net rentable area of office property.

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