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.
Morguard North American Residential Real Estate Investment Trust Stock Down 0.1%
The business has a 50 day moving average of C$18.04 and a 200-day moving average of C$17.31. The stock has a market cap of C$692.85 million, a PE ratio of 4.93 and a beta of 1.21. The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54.
Insider Activity at Morguard North American Residential Real Estate Investment Trust
In other news, insider Sime Armoyan acquired 500 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Friday, June 27th. The stock was purchased at an average cost of C$113.00 per share, with a total value of C$56,500.00. Over the last ninety days, insiders purchased 50,200 shares of company stock valued at $5,568,197. 26.42% of the stock is owned by company insiders.
About Morguard North American Residential Real Estate Investment Trust
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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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