Morguard Corporation Buys 2,400 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Morguard Corporation acquired 2,400 shares of Morguard Real Estate Inv. stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$13,200.00.

Morguard Corporation also recently made the following trade(s):

• On Wednesday, March 5th, Morguard Corporation acquired 5,200 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.50 per share, with a total value of C$28,600.00.
• On Monday, March 3rd, Morguard Corporation bought 8,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, for a total transaction of C$44,550.00.
• On Friday, February 28th, Morguard Corporation purchased 5,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.50 per share, with a total value of C$30,250.00.
• On Monday, February 24th, Morguard Corporation purchased 14,600 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.50 per share, for a total transaction of C$80,300.00.
• On Thursday, February 20th, Morguard Corporation acquired 8,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$46,200.00.
• On Friday, January 31st, Morguard Corporation bought 19,100 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.55 per share, for a total transaction of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation purchased 8,000 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.55 per share, with a total value of C$44,400.00.
• On Thursday, January 23rd, Morguard Corporation acquired 7,600 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.55 per share, with a total value of C$42,148.08.
• On Tuesday, January 21st, Morguard Corporation bought 1,600 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.50 per share, for a total transaction of C$8,800.00.
• On Thursday, January 16th, Morguard Corporation purchased 6,500 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, with a total value of C$35,750.00.

Morguard Real Estate Inv. Stock Performance

TSE:MRT.UN traded down C$0.03 during trading hours on Monday, reaching C$5.54. 1,368 shares of the company's stock were exchanged, compared to its average volume of 13,283. Morguard Real Estate Inv. has a 1-year low of C$5.25 and a 1-year high of C$5.81. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 135.58. The firm has a market capitalization of C$356.11 million, a price-to-earnings ratio of -3.34 and a beta of 1.40. The company has a 50-day moving average of C$5.55 and a 200 day moving average of C$5.55.

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Wall Street Analyst Weigh In

Separately, TD Securities lowered their price objective on shares of Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a "hold" rating for the company in a research note on Tuesday, February 18th.

About Morguard Real Estate Inv.

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.