Sime Armoyan Acquires 5,000 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Sime Armoyan purchased 5,000 shares of the business's stock in a transaction dated Friday, June 20th. The shares were purchased at an average cost of C$5.70 per share, with a total value of C$28,500.00.

Sime Armoyan also recently made the following trade(s):

• On Thursday, June 26th, Sime Armoyan purchased 1,000 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.75 per share, with a total value of C$5,750.00.

Morguard Real Estate Inv. Stock Down 0.9%

TSE MRT.UN traded down C$0.05 on Friday, reaching C$5.73. The company had a trading volume of 3,000 shares, compared to its average volume of 21,139. The firm has a market capitalization of C$368.32 million, a PE ratio of -3.45 and a beta of 1.40. The firm has a 50-day moving average of C$5.75 and a 200-day moving average of C$5.61. Morguard Real Estate Inv. has a 1 year low of C$5.30 and a 1 year high of C$6.01. The company has a debt-to-equity ratio of 135.58, a current ratio of 0.08 and a quick ratio of 0.04.

Analyst Upgrades and Downgrades

Separately, TD Securities decreased their target price on shares of Morguard Real Estate Inv. from C$5.50 to C$5.00 and set a "hold" rating on the stock in a research report on Monday, May 5th.

Morguard Real Estate Inv. Company Profile

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.