Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Buys 2,400 Shares

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan acquired 2,400 shares of the company's stock in a transaction dated Thursday, June 26th. The shares were bought at an average price of C$113.47 per share, for a total transaction of C$272,328.96.

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

• On Wednesday, June 18th, Sime Armoyan acquired 1,170 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$113.00 per share, with a total value of C$132,210.00.
• On Tuesday, June 17th, Sime Armoyan acquired 900 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$113.00 per share, for a total transaction of C$101,700.00.
• On Friday, June 13th, Sime Armoyan bought 300 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$113.48 per share, with a total value of C$34,042.50.
• On Monday, June 9th, Sime Armoyan purchased 43,630 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$113.43 per share, for a total transaction of C$4,949,055.61.

Morguard North American Residential Real Estate Investment Trust Stock Performance

Morguard North American Residential Real Estate Investment Trust stock traded up C$0.21 on Friday, hitting C$18.55. The company's stock had a trading volume of 8,677 shares, compared to its average volume of 41,848. Morguard North American Residential Real Estate Investment Trust has a one year low of C$14.88 and a one year high of C$19.53. The firm has a market cap of C$689.13 million, a P/E ratio of 4.91 and a beta of 1.21. 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 company has a fifty day moving average price of C$17.71 and a 200-day moving average price of C$17.26.

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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