Insider Buying: Madison Pacific Properties Inc. (TSE:MPC) Director Acquires C$49,560.00 in Stock

Madison Pacific Properties Inc. (TSE:MPC) Director Graziano Delucchi purchased 10,500 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were bought at an average price of C$4.72 per share, with a total value of C$49,560.00.

Graziano Delucchi also recently made the following trade(s):

• On Wednesday, March 19th, Graziano Delucchi acquired 6,200 shares of Madison Pacific Properties stock. The shares were purchased at an average cost of C$4.99 per share, for a total transaction of C$30,938.00.

Madison Pacific Properties Stock Performance

Shares of MPC stock opened at C$5.30 on Thursday. The company has a debt-to-equity ratio of 73.53, a current ratio of 0.18 and a quick ratio of 0.43. The firm has a 50-day moving average of C$4.97 and a 200-day moving average of C$5.27. Madison Pacific Properties Inc. has a one year low of C$4.50 and a one year high of C$7.08. The company has a market cap of C$298.58 million, a P/E ratio of -7.14 and a beta of 0.36.

Madison Pacific Properties Company Profile

Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada.