Free Trial

Morguard (TSE:MRC) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Morguard logo with Real Estate background

Morguard Co. (TSE:MRC - Get Free Report)'s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$114.30 and traded as high as C$121.00. Morguard shares last traded at C$119.70, with a volume of 659 shares.

Morguard Stock Performance

The company has a market cap of C$1.28 billion, a P/E ratio of 6.50 and a beta of 1.18. The firm has a 50 day moving average of C$114.43 and a 200-day moving average of C$114.32. The company has a quick ratio of 0.13, a current ratio of 0.24 and a debt-to-equity ratio of 129.63.

About Morguard

(Get Free Report)

Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management.

Further Reading

Should You Invest $1,000 in Morguard Right Now?

Before you consider Morguard, 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 wasn't on the list.

While Morguard currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines