Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Sime Armoyan acquired 5,000 shares of the business's stock in a transaction dated Friday, June 20th. The stock was purchased at an average cost of C$5.70 per share, with a total value of C$28,500.00.
Morguard Real Estate Inv. Trading Down 1.2%
MRT.UN traded down C$0.07 on Tuesday, reaching C$5.75. 3,210 shares of the company's stock were exchanged, compared to its average volume of 21,500. Morguard Real Estate Inv. has a twelve month low of C$5.30 and a twelve month high of C$6.01. The company's 50 day moving average is C$5.75 and its 200-day moving average is C$5.61. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08. The company has a market cap of C$369.61 million, a price-to-earnings ratio of -3.46 and a beta of 1.40.
Analyst Ratings Changes
Separately, TD Securities decreased their price target 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 report on Monday, May 5th.
Read Our Latest Report on Morguard Real Estate Inv.
About Morguard Real Estate Inv.
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Morguard Real Estate Inv., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morguard Real Estate Inv. wasn't on the list.
While Morguard Real Estate Inv. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
