Mainstreet Equity Corp. (TSE:MEQ - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$198.67 and traded as high as C$203.87. Mainstreet Equity shares last traded at C$193.70, with a volume of 12,418 shares changing hands.
Analyst Ratings Changes
Separately, Atb Cap Markets lowered shares of Mainstreet Equity from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 5th.
Check Out Our Latest Stock Analysis on Mainstreet Equity
Mainstreet Equity Stock Performance
The firm has a fifty day moving average of C$203.53 and a 200-day moving average of C$199.25. The company has a quick ratio of 0.81, a current ratio of 0.40 and a debt-to-equity ratio of 117.76. The firm has a market cap of C$1.95 billion, a P/E ratio of 15.48 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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