Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.28 and traded as high as C$18.66. Morguard North American Residential Real Estate Investment Trust shares last traded at C$18.33, with a volume of 28,155 shares.
Morguard North American Residential Real Estate Investment Trust Price Performance
The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54. The business has a fifty day simple moving average of C$17.36 and a 200 day simple moving average of C$17.28. The stock has a market capitalization of C$680.96 million, a P/E ratio of 4.85 and a beta of 1.21.
Insiders Place Their Bets
In related news, insider Sime Armoyan bought 300 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction dated Friday, June 13th. The stock was purchased at an average cost of C$113.48 per share, with a total value of C$34,042.50. In the last ninety days, insiders bought 45,230 shares of company stock valued at $5,005,458. Corporate insiders own 26.42% of the company's stock.
Morguard North American Residential Real Estate Investment Trust Company Profile
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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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