Morguard Co. (
TSE:MRC -
Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$115.55 and traded as high as C$116.29. Morguard shares last traded at C$116.29, with a volume of 548 shares traded.
Morguard Stock Up 0.3%
The company has a debt-to-equity ratio of 129.63, a quick ratio of 0.13 and a current ratio of 0.24. The company has a market capitalization of C$1.24 billion, a price-to-earnings ratio of 6.58 and a beta of 0.38. The firm's 50-day simple moving average is C$116.96 and its 200-day simple moving average is C$115.55.
Insider Transactions at Morguard
In other Morguard news, insider Sime Armoyan bought 1,900 shares of the firm's stock in a transaction dated Friday, October 3rd. The shares were acquired at an average cost of C$115.10 per share, for a total transaction of C$218,690.00. Following the transaction, the insider owned 1,348,223 shares in the company, valued at approximately C$155,180,467.30. The trade was a 0.14% increase in their ownership of the stock. 72.99% of the stock is owned by corporate insiders.
Morguard Company Profile
(
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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.
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