Madison Pacific Properties (TSE:MPC) Stock Passes Below Fifty Day Moving Average of $5.19

Shares of Madison Pacific Properties Inc. (TSE:MPC) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$5.19 and traded as low as C$5.08. Madison Pacific Properties shares last traded at C$5.10, with a volume of 2,233 shares trading hands.

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’s 50 day moving average is C$5.19 and its 200 day moving average is C$5.58. The firm has a market capitalization of C$37.54 million, a price-to-earnings ratio of -5.93 and a beta of 0.35.

Madison Pacific Properties (TSE:MPC) last posted its quarterly earnings data on Friday, July 12th. The company reported C($0.02) earnings per share for the quarter. Madison Pacific Properties had a negative return on equity of 11.24% and a negative net margin of 117.88%. The firm had revenue of C$11.60 million for the quarter. On average, equities research analysts anticipate that Madison Pacific Properties Inc. will post 5.98 earnings per share for the current fiscal year.

Madison Pacific Properties Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 14th were given a dividend of $0.052 per share. The ex-dividend date of this dividend was Wednesday, August 14th. Madison Pacific Properties’s dividend payout ratio is -12.79%.

Madison Pacific Properties Company Profile

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.