Insider Selling: Madison Pacific Properties Inc. (TSE:MPC) Insider Sells 2,000 Shares of Stock

Madison Pacific Properties Inc. (TSE:MPCGet Rating) insider Raymond Heung sold 2,000 shares of the stock in a transaction dated Tuesday, November 15th. The stock was sold at an average price of C$6.06, for a total transaction of C$12,120.00. Following the sale, the insider now owns 3,587,317 shares of the company’s stock, valued at approximately C$21,739,141.02.

Madison Pacific Properties Stock Up 4.0 %

MPC opened at C$6.55 on Monday. Madison Pacific Properties Inc. has a 52 week low of C$6.30 and a 52 week high of C$7.51. The business has a 50 day moving average price of C$6.55 and a two-hundred day moving average price of C$6.66. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 70.53. The company has a market cap of C$389.48 million and a PE ratio of 7.44.

About Madison Pacific Properties

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Madison Pacific Properties Inc, together with its subsidiaries, owns, develops, and manages office, industrial, commercial, retail, and multi-family rental real estate properties in Metro Vancouver region, British Columbia, Alberta, and Ontario. Its property portfolio comprises interests in 1,655,820 square feet of net rentable area of industrial properties; 126,990 square feet of net rentable area of retail/highway commercial properties; and 116,689 square feet of net rentable area of office properties.

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