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Morguard (TSE:MRC) Stock Crosses Below Two Hundred Day Moving Average - Here's What Happened

Morguard logo with Real Estate background

Morguard Co. (TSE:MRC - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$116.53 and traded as low as C$110.80. Morguard shares last traded at C$111.14, with a volume of 616 shares changing hands.

Morguard Stock Up 1.8 %

The company has a market cap of C$1.20 billion, a PE ratio of 6.10 and a beta of 1.18. The company has a debt-to-equity ratio of 129.63, a quick ratio of 0.13 and a current ratio of 0.24. The stock's 50 day moving average price is C$113.91 and its 200-day moving average price is C$116.47.

About Morguard

(Get Free Report)

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.

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