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Morguard (TSE:MRC) Stock Crosses Below 50-Day Moving Average - Time to Sell?

Morguard logo with Real Estate background

Morguard Co. (TSE:MRC - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$116.13 and traded as low as C$112.72. Morguard shares last traded at C$112.72, with a volume of 238 shares.

Morguard Stock Down 0.2 %

The firm has a market capitalization of C$1.21 billion, a price-to-earnings ratio of 6.14 and a beta of 1.18. The company has a quick ratio of 0.13, a current ratio of 0.24 and a debt-to-equity ratio of 129.63. The company's 50 day moving average price is C$116.13 and its 200 day moving average price is C$115.91.

About Morguard

(Get Free Report)

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.

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