Insider Buying: Madison Pacific Properties Inc. (TSE:MPC) Director Buys 10,500 Shares of Stock

Madison Pacific Properties Inc. (TSE:MPC) Director Graziano Delucchi purchased 10,500 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average price of C$4.72 per share, for a total transaction 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 price of C$4.99 per share, with a total value of C$30,938.00.

Madison Pacific Properties Stock Performance

Shares of TSE MPC opened at C$5.30 on Tuesday. The firm’s 50 day moving average price is C$4.96 and its 200-day moving average price is C$5.27. Madison Pacific Properties Inc. has a 52-week low of C$4.50 and a 52-week high of C$7.08. The company has a debt-to-equity ratio of 73.53, a quick ratio of 0.43 and a current ratio of 0.18. The company has a market cap of C$298.58 million, a PE 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.