Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Morguard Corporation purchased 9,000 shares of the firm's stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average cost of C$5.47 per share, with a total value of C$49,227.30.
Morguard Corporation also recently made the following trade(s):
- On Thursday, October 17th, Morguard Corporation purchased 39,400 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.74 per share, for a total transaction of C$226,297.84.
- On Tuesday, October 15th, Morguard Corporation acquired 4,900 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.65 per share, with a total value of C$27,675.20.
- On Friday, October 11th, Morguard Corporation bought 24,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.58 per share, for a total transaction of C$136,132.48.
Morguard Real Estate Inv. Price Performance
Shares of MRT.UN traded up C$0.12 during mid-day trading on Wednesday, reaching C$5.60. The stock had a trading volume of 23,765 shares, compared to its average volume of 11,861. The firm has a market cap of C$359.97 million, a price-to-earnings ratio of -3.31 and a beta of 1.40. Morguard Real Estate Inv. has a 12 month low of C$5.21 and a 12 month high of C$5.81. The business has a fifty day moving average of C$5.59 and a 200 day moving average of C$5.44. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08.
Analysts Set New Price Targets
Separately, TD Securities increased their target price on Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the stock a "hold" rating in a research note on Wednesday, September 4th.
Check Out Our Latest Stock Analysis on MRT.UN
About Morguard Real Estate Inv.
(
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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.
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