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Sime Armoyan Acquires 43,630 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Morguard North American Residential Real Estate Investment Trust logo with Real Estate background

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan bought 43,630 shares of the business's stock in a transaction on Monday, June 9th. The shares were bought at an average price of C$113.43 per share, for a total transaction of C$4,949,055.61.

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

  • 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 Stock Performance

Shares of Morguard North American Residential Real Estate Investment Trust stock traded up C$0.10 during trading on Thursday, reaching C$18.65. The company's stock had a trading volume of 14,370 shares, compared to its average volume of 44,484. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80. The business's fifty day moving average price is C$17.30 and its 200-day moving average price is C$17.27. The firm has a market cap of C$692.85 million, a price-to-earnings ratio of 4.93 and a beta of 1.21. Morguard North American Residential Real Estate Investment Trust has a one year low of C$14.75 and a one year high of C$19.53.

About Morguard North American Residential Real Estate Investment Trust

(Get Free Report)

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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