Sime Armoyan Acquires 6,300 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan acquired 6,300 shares of the business's stock in a transaction dated Friday, February 28th. The stock was acquired at an average price of C$114.91 per share, for a total transaction of C$723,943.71.

Sime Armoyan also recently made the following trade(s):

• On Monday, March 3rd, Sime Armoyan bought 1,400 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average price of C$114.00 per share, for a total transaction of C$159,600.98.
• On Wednesday, February 26th, Sime Armoyan purchased 2,576 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average price of C$110.36 per share, with a total value of C$284,296.63.
• On Thursday, January 30th, Sime Armoyan acquired 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average price of C$112.00 per share, for a total transaction of C$67,200.00.
• On Friday, January 24th, Sime Armoyan bought 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$111.07 per share, with a total value of C$11,107.00.
• On Monday, January 20th, Sime Armoyan purchased 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$111.98 per share, for a total transaction of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan purchased 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.75 per share, for a total transaction of C$335,235.00.
• On Monday, January 13th, Sime Armoyan bought 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Price Performance

TSE MRG.UN traded down C$0.50 on Thursday, hitting C$17.17. The company had a trading volume of 34,180 shares, compared to its average volume of 58,592. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09. The company's fifty day moving average price is C$16.99 and its 200-day moving average price is C$17.89. The company has a market capitalization of C$637.87 million, a PE ratio of 4.54 and a beta of 1.21. Morguard North American Residential Real Estate Investment Trust has a 12-month low of C$14.75 and a 12-month high of C$19.53.

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About Morguard North American Residential Real Estate Investment Trust

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.