Morguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Purchases 100 Shares

Morguard North American Residential REIT (TSE:MRG.UN - Get Free Report) insider Sime Armoyan purchased 100 shares of the stock in a transaction on Monday, April 15th. The shares were acquired at an average cost of C$109.90 per share, for a total transaction of C$10,990.00.

Sime Armoyan also recently made the following trade(s):

• On Thursday, February 29th, Sime Armoyan purchased 400 shares of Morguard North American Residential REIT stock. The shares were acquired at an average cost of C$110.00 per share, for a total transaction of C$43,998.52.
• On Friday, February 23rd, Sime Armoyan purchased 3,600 shares of Morguard North American Residential REIT stock. The shares were acquired at an average cost of C$110.00 per share, for a total transaction of C$396,000.00.
• On Monday, January 22nd, Sime Armoyan bought 3,400 shares of Morguard North American Residential REIT stock. The stock was purchased at an average cost of C$110.00 per share, for a total transaction of C$374,000.00.

Morguard North American Residential REIT Stock Performance

Shares of Morguard North American Residential REIT stock traded up C$0.22 on Friday, hitting C$15.59. The stock had a trading volume of 20,887 shares, compared to its average volume of 22,289. Morguard North American Residential REIT has a twelve month low of C$13.08 and a twelve month high of C$17.72. The business's 50 day moving average is C$15.76 and its two-hundred day moving average is C$14.89. The company has a quick ratio of 0.09, a current ratio of 0.19 and a debt-to-equity ratio of 92.78. The stock has a market cap of C$588.37 million, a price-to-earnings ratio of 3.34 and a beta of 1.18.

About Morguard North American Residential REIT

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.