Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$17.36 and traded as high as C$18.62. Morguard North American Residential Real Estate Investment Trust shares last traded at C$18.52, with a volume of 7,131 shares trading hands.
Morguard North American Residential Real Estate Investment Trust Stock Down 0.2%
The business has a fifty day moving average of C$18.17 and a two-hundred day moving average of C$17.36. 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 company has a market cap of C$688.02 million, a price-to-earnings ratio of 4.90 and a beta of 1.21.
Insider Activity
In other news, insider Sime Armoyan acquired 500 shares of the company's stock in a transaction on Friday, June 27th. The shares were bought at an average price of C$113.00 per share, with a total value of C$56,500.00. Insiders acquired 50,200 shares of company stock valued at $5,568,197 in the last 90 days. 26.42% of the stock is currently owned by company 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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