Mainstreet Equity Corp. (TSE:MEQ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$197.11 and traded as high as C$211.85. Mainstreet Equity shares last traded at C$210.98, with a volume of 4,086 shares.
Analyst Upgrades and Downgrades
Separately, Atb Cap Markets cut shares of Mainstreet Equity from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th.
View Our Latest Stock Analysis on Mainstreet Equity
Mainstreet Equity Trading Down 0.1 %
The company has a current ratio of 0.40, a quick ratio of 0.81 and a debt-to-equity ratio of 117.76. The business has a 50 day simple moving average of C$202.80 and a two-hundred day simple moving average of C$197.11. The stock has a market cap of C$1.97 billion, a price-to-earnings ratio of 15.62 and a beta of 1.63.
Mainstreet Equity Company Profile
(
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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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