Mainstreet Equity Corp. (TSE:MEQ - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$199.79 and traded as high as C$204.50. Mainstreet Equity shares last traded at C$200.95, with a volume of 1,924 shares.
Wall Street Analyst Weigh In
Separately, Atb Cap Markets downgraded Mainstreet Equity from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 5th.
Read Our Latest Stock Report on Mainstreet Equity
Mainstreet Equity Price Performance
The stock has a fifty day simple moving average of C$204.19 and a 200-day simple moving average of C$199.79. The company has a current ratio of 0.51, a quick ratio of 0.81 and a debt-to-equity ratio of 109.80. The company has a market capitalization of C$1.87 billion, a PE ratio of 9.98 and a beta of 1.63.
About Mainstreet Equity
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Before you consider Mainstreet Equity, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mainstreet Equity wasn't on the list.
While Mainstreet Equity currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
