Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$5.56 and traded as low as C$5.55. Morguard Real Estate Inv. shares last traded at C$5.58, with a volume of 3,393 shares changing hands.
Analyst Upgrades and Downgrades
Separately, TD Securities decreased their price objective on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a "hold" rating on the stock in a report on Tuesday, February 18th.
Check Out Our Latest Analysis on MRT.UN
Morguard Real Estate Inv. Stock Down 0.4 %
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 company's fifty day moving average price is C$5.56 and its 200-day moving average price is C$5.56. The stock has a market capitalization of C$355.47 million, a PE ratio of -3.33 and a beta of 1.40.
Insider Activity at Morguard Real Estate Inv.
In other Morguard Real Estate Inv. news, insider Morguard Corporation purchased 5,200 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was purchased at an average price of C$5.50 per share, for a total transaction of C$28,600.00. In the last ninety days, insiders have bought 143,700 shares of company stock valued at $793,032. 91.79% of the stock is owned by 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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