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. It invests in residential units consisting of townhouses, garden-style apartments, concrete mid-rise and high-rise apartments, and condo suites; and freestanding commercial houses. The company is headquartered in Calgary, Canada.
Research context
Mainstreet Equity Corp appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Real Estate
- Industry
- Real Estate Services
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5 years, 6 months ago
Mainstreet Equity Corp is currently in a long term uptrend where the price is trading 31.6% above its 200 day moving average.
From a valuation standpoint, the stock is 91.2% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 5.0.
Mainstreet Equity Corp's total revenue rose by 4.9% to $38M since the same quarter in the previous year.
Its net income has dropped by 194.8% to $-5M since the same quarter in the previous year.
Finally, its free cash flow grew by 117.8% to $2M since the same quarter in the previous year.
Based on the above factors, Mainstreet Equity Corp gets an overall score of 4/5.