Free Trial

Morguard (TSE:MRC) Share Price Crosses Below 200-Day Moving Average - What's Next?

Morguard logo with Real Estate background

Shares of Morguard Co. (TSE:MRC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$116.48 and traded as low as C$110.49. Morguard shares last traded at C$110.50, with a volume of 403 shares.

Morguard Stock Up 2.5 %

The company has a market cap of C$1.20 billion, a PE ratio of 6.12 and a beta of 1.18. The company's 50 day moving average is C$113.00 and its 200 day moving average is C$116.44. The company has a current ratio of 0.24, a quick ratio of 0.13 and a debt-to-equity ratio of 129.63.

Morguard Company Profile

(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.

Read More

Should You Invest $1,000 in Morguard Right Now?

Before you consider Morguard, 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 wasn't on the list.

While Morguard currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines