Mainstreet Equity Corp. (TSE:MEQ - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$195.79 and traded as high as C$203.90. Mainstreet Equity shares last traded at C$202.76, with a volume of 1,302 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Atb Cap Markets cut shares of Mainstreet Equity from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 5th.
Get Our Latest Research Report on MEQ
Mainstreet Equity Stock Down 1.3 %
The business has a 50-day moving average price of C$202.52 and a 200-day moving average price of C$195.79. The stock has a market cap of C$1.86 billion, a PE ratio of 14.80 and a beta of 1.63. The company has a current ratio of 0.40, a quick ratio of 0.81 and a debt-to-equity ratio of 117.76.
About Mainstreet Equity
(
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Mainstreet Equity Corp. engages in the acquisition, redevelopment, repositioning, and management of mid-market residential rental apartment buildings in Western Canada. The company owns a portfolio of multi-family residential properties in British Columbia, Calgary, Edmonton, Saskatoon, Regina, and Winnipeg.
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