Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$5.52 and traded as high as C$5.56. Morguard Real Estate Inv. shares last traded at C$5.54, with a volume of 11,409 shares traded.
Morguard Real Estate Inv. Price Performance
The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08. The firm has a market capitalization of C$356.75 million, a P/E ratio of -3.34 and a beta of 1.40. The business has a fifty day moving average of C$5.52 and a 200-day moving average of C$5.48.
Insider Buying and Selling
In other Morguard Real Estate Inv. news, insider Morguard Corporation bought 24,400 shares of the business's stock in a transaction that occurred on Friday, October 11th. The stock was acquired at an average cost of C$5.58 per share, with a total value of C$136,132.48. Insiders have bought a total of 245,900 shares of company stock valued at $1,368,716 over the last quarter. Corporate insiders own 91.79% of the company's stock.
Morguard Real Estate Inv. Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Morguard Real Estate Inv., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morguard Real Estate Inv. wasn't on the list.
While Morguard Real Estate Inv. currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.