Shares of Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Free Report) dropped 1% on Thursday . The stock traded as low as $3.86 and last traded at $3.86. Approximately 2,123 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 2,408 shares. The stock had previously closed at $3.90.
Morguard Real Estate Investment Trust Stock Performance
The firm’s 50-day simple moving average is $3.86 and its 200 day simple moving average is $3.97.
About Morguard Real Estate Investment Trust
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.
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