Insider Buying: Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Buys 300 Shares of Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan acquired 300 shares of the firm's stock in a transaction on Friday, June 13th. The shares were purchased at an average cost of C$113.48 per share, for a total transaction of C$34,042.50.

Sime Armoyan also recently made the following trade(s):

• On Monday, June 9th, Sime Armoyan bought 43,630 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$113.43 per share, with a total value of C$4,949,055.61.
• On Thursday, March 27th, Sime Armoyan sold 1,400 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was sold at an average price of C$122.00, for a total value of C$170,800.00.

Morguard North American Residential Real Estate Investment Trust Price Performance

MRG.UN traded down C$0.32 during trading on Friday, hitting C$18.33. The company's stock had a trading volume of 28,155 shares, compared to its average volume of 44,340. The firm's 50 day moving average price is C$17.30 and its two-hundred day moving average price is C$17.27. The company has a quick ratio of 0.09, a current ratio of 0.80 and a debt-to-equity ratio of 95.54. The stock has a market capitalization of C$680.96 million, a price-to-earnings ratio of 4.85 and a beta of 1.21. Morguard North American Residential Real Estate Investment Trust has a 12 month low of C$14.75 and a 12 month high of C$19.53.

Morguard North American Residential Real Estate Investment Trust Company Profile

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

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