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

Shares of Madison Pacific Properties Inc. (TSE:MPCGet Free Report) traded up 3.3% during mid-day trading on Thursday . The stock traded as high as C$5.32 and last traded at C$5.32. 400 shares were traded 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 Price Performance

The company has a quick ratio of 0.43, a current ratio of 0.29 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. The stock’s 50-day simple moving average is C$5.71 and its 200 day simple moving average is C$5.45.

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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