Mainstreet Equity Corp Stock Today
MEQ Stock | CAD 200.59 0.12 0.06% |
Performance1 of 100
| Odds Of DistressLess than 37
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Mainstreet Equity is selling at 200.59 as of the 29th of November 2024; that is 0.06% down since the beginning of the trading day. The stock's open price was 200.71. Mainstreet Equity has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mainstreet Equity Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2024 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain Real Estate Management & Development | Category Real Estate |
Mainstreet Equity Corp., a real estate corporation, engages in the acquisition, divestiture, financing, value-enhancement, and management of multi-family residential properties primarily in Western Canada. The company was founded in 1997 and is headquartered in Calgary, Canada. The company has 9.32 M outstanding shares of which 45.01 K shares are now shorted by private and institutional investors with about 16.52 days to cover all short positions. More on Mainstreet Equity Corp
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Mainstreet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Mainstreet Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Mainstreet Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Navjeet Dhillon | ||||
Business Concentration | Real Estate Management & Development, Real Estate, Real Estate, Real Estate Management & Development, Real Estate Services, Real Estate (View all Sectors) | ||||
Mainstreet Equity's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Mainstreet Equity's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsMainstreet Equity can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mainstreet Equity's financial leverage. It provides some insight into what part of Mainstreet Equity's total assets is financed by creditors.
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Mainstreet Equity Corp (MEQ) is traded on Toronto Exchange in Canada and employs 526 people. Mainstreet Equity is listed under Real Estate Management & Development category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Mainstreet Equity's market, we take the total number of its shares issued and multiply it by Mainstreet Equity's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Mainstreet Equity Corp operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 9.32 M outstanding shares of which 45.01 K shares are now shorted by private and institutional investors with about 16.52 days to cover all short positions.
Mainstreet Equity Corp has accumulated about 20.8 M in cash with 70.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
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Ownership AllocationThe market capitalization of Mainstreet Equity Corp is C$1.87 Billion. Mainstreet Equity Corp holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
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Mainstreet Equity Corp Risk Profiles
Although Mainstreet Equity's alpha and beta are two of the key measurements used to evaluate Mainstreet Equity's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 0.9738 | |||
Semi Deviation | 1.13 | |||
Standard Deviation | 1.29 | |||
Variance | 1.66 |
Mainstreet Stock Against Markets
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Mainstreet Equity Corporate Directors
Richard Grimaldi | Independent Director | Profile | |
Ron Anderson | Independent Director | Profile | |
John Irwin | Independent Director | Profile | |
Karanveer Dhillon | Independent Director | Profile |
Other Information on Investing in Mainstreet Stock
Mainstreet Equity financial ratios help investors to determine whether Mainstreet Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mainstreet with respect to the benefits of owning Mainstreet Equity security.