Mainstreet Equity Corp. (TSE:MEQ - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$200.42 and traded as high as C$201.06. Mainstreet Equity shares last traded at C$199.62, with a volume of 4,574 shares traded.
Wall Street Analyst Weigh In
Separately, Atb Cap Markets cut Mainstreet Equity from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th.
View Our Latest Analysis on Mainstreet Equity
Mainstreet Equity Stock Up 0.3 %
The stock has a market cap of C$1.83 billion, a P/E ratio of 9.76 and a beta of 1.63. The company has a quick ratio of 0.81, a current ratio of 0.51 and a debt-to-equity ratio of 109.80. The business has a 50-day simple moving average of C$202.56 and a 200-day simple moving average of C$200.66.
Mainstreet Equity Company Profile
(
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
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 where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
