Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as C$5.85 and last traded at C$5.54, with a volume of 80229 shares traded. The stock had previously closed at C$5.52.
Analysts Set New Price Targets
Separately, TD Securities lowered their price target on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a "hold" rating for the company in a report on Tuesday, February 18th.
View Our Latest Research Report on MRT.UN
Morguard Real Estate Inv. Stock Down 1.3 %
The firm has a 50-day moving average price of C$5.56 and a two-hundred day moving average price of C$5.56. The firm has a market cap of C$352.25 million, a price-to-earnings ratio of -3.30 and a beta of 1.40. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08.
Insider Activity
In other Morguard Real Estate Inv. news, insider Morguard Corporation acquired 21,100 shares of the stock in a transaction on Tuesday, January 7th. The shares were bought at an average price of C$5.55 per share, with a total value of C$117,029.04. Over the last ninety days, insiders bought 147,000 shares of company stock valued at $811,182. 91.79% of the stock is currently owned by company insiders.
Morguard Real Estate Inv. Company Profile
(
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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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