Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$5.56 and traded as high as C$5.95. Morguard Real Estate Inv. shares last traded at C$5.93, with a volume of 25,210 shares traded.
Analyst Upgrades and Downgrades
Separately, TD Securities lowered their target price on shares of Morguard Real Estate Inv. from C$5.50 to C$5.00 and set a "hold" rating for the company in a research note on Monday, May 5th.
View Our Latest Stock Report on Morguard Real Estate Inv.
Morguard Real Estate Inv. Stock Performance
The stock has a 50-day simple moving average of C$5.63 and a 200-day simple moving average of C$5.56. The company has a debt-to-equity ratio of 135.58, a current ratio of 0.08 and a quick ratio of 0.04. The stock has a market cap of C$381.18 million, a PE ratio of -3.57 and a beta of 1.40.
Insider Buying and Selling at Morguard Real Estate Inv.
In related news, insider Morguard Corporation bought 5,500 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was bought at an average price of C$5.50 per share, with a total value of C$30,250.00. Over the last 90 days, insiders bought 247,300 shares of company stock valued at $1,361,547. Company insiders own 91.79% of the company's stock.
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.
Read More
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
