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Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock Price Crosses Above 200-Day Moving Average - Time to Sell?

Morguard North American Residential Real Estate Investment Trust logo with Real Estate background

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$17.27 and traded as high as C$17.73. Morguard North American Residential Real Estate Investment Trust shares last traded at C$17.50, with a volume of 5,982 shares.

Morguard North American Residential Real Estate Investment Trust Stock Down 0.2%

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 market cap of C$638.98 million, a price-to-earnings ratio of 4.55 and a beta of 1.21. The business has a 50-day simple moving average of C$16.97 and a two-hundred day simple moving average of C$17.26.

Insider Buying and Selling at Morguard North American Residential Real Estate Investment Trust

In related news, insider Sime Armoyan sold 1,400 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$122.00, for a total transaction of C$170,800.00. Insiders bought a total of 10,276 shares of company stock valued at $1,167,841 in the last quarter. Corporate insiders own 26.42% of the company's stock.

About Morguard North American Residential Real Estate Investment Trust

(Get Free Report)

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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