Madison Pacific Properties (TSE:MPC) Stock Falls 7.8% – Should You Sell?

Madison Pacific Properties Inc. (TSE:MPC – Get Free Report)’s share price fell 7.8% during trading on Wednesday. The company traded as low as C$4.52 and last traded at C$4.52. Approximately 100 shares changed hands during trading, a decline of 94% from the average session volume of 1,636 shares. The stock had previously closed at C$4.90.

Madison Pacific Properties Price Performance

The firm has a 50 day moving average of C$4.82 and a two-hundred day moving average of C$4.91. The firm has a market capitalization of C$268.77 million, a price-to-earnings ratio of 11.30 and a beta of 0.02. The company has a quick ratio of 0.43, a current ratio of 0.24 and a debt-to-equity ratio of 84.54.

About Madison Pacific Properties

(Get Free Report)

Madison Pacific Properties Inc (TSE: MPC, MPC.C) proudly owns, manages and develops high quality commercial real estate assets. These industrial, retail, residential and office assets are located in British Columbia, Alberta and Ontario. Established in Vancouver in 1998, Madison Pacific owns and manages over 1.8 million square feet of real estate assets.

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