Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Buys C$67,200.00 in Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN - Get Free Report) insider Sime Armoyan purchased 600 shares of the stock in a transaction on Thursday, January 30th. The stock was acquired at an average cost of C$112.00 per share, for a total transaction of C$67,200.00.

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

• On Friday, January 24th, Sime Armoyan purchased 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired 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 acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price of C$111.98 per share, with a total value of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired 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 purchased 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average cost of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Price Performance

Shares of TSE:MRG.UN traded up C$0.21 during trading on Tuesday, reaching C$16.86. The stock had a trading volume of 34,473 shares, compared to its average volume of 38,459. The business has a fifty day moving average price of C$17.52 and a 200-day moving average price of C$17.88. Morguard North American Residential Real Estate Investment Trust has a 1-year low of C$14.45 and a 1-year high of C$19.53. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80. The stock has a market cap of C$626.35 million, a PE ratio of 4.46 and a beta of 1.21.

Morguard North American Residential Real Estate Investment Trust Company Profile

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.