Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Acquires 3,200 Shares

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan purchased 3,200 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Trading Up 0.1 %

Morguard North American Residential Real Estate Investment Trust stock opened at C$16.98 on Thursday. The stock has a 50-day moving average price of C$17.90 and a 200 day moving average price of C$17.78. Morguard North American Residential Real Estate Investment Trust has a 52 week low of C$14.45 and a 52 week high of C$19.53. The stock has a market cap of C$630.81 million, a PE ratio of 4.49 and a beta of 1.21. The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54.

Morguard North American Residential Real Estate Investment Trust Company Profile

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.