Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.30 and traded as high as C$18.65. Morguard North American Residential Real Estate Investment Trust shares last traded at C$18.65, with a volume of 62,688 shares trading hands.
Morguard North American Residential Real Estate Investment Trust Trading Down 0.3%
The stock has a market cap of C$691.36 million, a price-to-earnings ratio of 4.92 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 business has a 50-day moving average of C$18.07 and a 200-day moving average of C$17.32.
Insider Buying and Selling at Morguard North American Residential Real Estate Investment Trust
In related news, insider Sime Armoyan purchased 500 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction on Friday, June 27th. The stock was bought at an average price of C$113.00 per share, with a total value of C$56,500.00. Insiders bought a total of 50,200 shares of company stock valued at $5,568,197 over the last ninety days. 26.42% of the stock is owned by insiders.
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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