Morguard (TSE:MRC) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Morguard Co. (TSE:MRC - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$116.69 and traded as low as C$111.55. Morguard shares last traded at C$111.76, with a volume of 1,429 shares.

Morguard Trading Down 1.6 %

The company has a market cap of C$1.20 billion, a price-to-earnings ratio of 6.08 and a beta of 1.18. The company's fifty day moving average price is C$116.00 and its two-hundred day moving average price is C$116.38. The company has a quick ratio of 0.13, a current ratio of 0.24 and a debt-to-equity ratio of 129.63.

Morguard Company Profile

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.