Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Purchases C$355,200.00 in Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan purchased 3,200 shares of the business's stock in a transaction on Monday, January 13th. The stock was acquired at an average price of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Performance

Shares of MRG.UN traded up C$0.02 during midday trading on Wednesday, reaching C$16.98. 30,696 shares of the stock were exchanged, compared to its average volume of 38,686. The company has a market capitalization of C$630.81 million, a price-to-earnings ratio of 4.49 and a beta of 1.21. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09. Morguard North American Residential Real Estate Investment Trust has a twelve month low of C$14.45 and a twelve month high of C$19.53. The business's 50-day moving average price is C$17.90 and its 200 day moving average price is C$17.78.

Morguard North American Residential Real Estate Investment Trust Company Profile

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.