Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.42 and traded as high as C$5.76. Morguard Real Estate Inv. shares last traded at C$5.76, with a volume of 7,300 shares trading hands.
Analyst Ratings Changes
Separately, TD Securities increased their price objective on Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the company a "hold" rating in a research report on Wednesday, September 4th.
Check Out Our Latest Stock Analysis on MRT.UN
Morguard Real Estate Inv. Stock Performance
The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 135.58. The firm has a market capitalization of C$370.25 million, a price-to-earnings ratio of -3.47 and a beta of 1.40. The stock has a fifty day moving average price of C$5.55 and a 200-day moving average price of C$5.42.
Insider Transactions at Morguard Real Estate Inv.
In other Morguard Real Estate Inv. news, insider Morguard Corporation acquired 39,400 shares of Morguard Real Estate Inv. stock in a transaction on Thursday, October 17th. The shares were bought at an average price of C$5.74 per share, with a total value of C$226,297.84. In related news, insider Morguard Corporation purchased 39,400 shares of the firm's stock in a transaction dated Thursday, October 17th. The shares were acquired at an average cost of C$5.74 per share, with a total value of C$226,297.84. Also, insider Sime Armoyan purchased 6,300 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was bought at an average cost of C$5.32 per share, with a total value of C$33,516.00. Over the last 90 days, insiders bought 142,800 shares of company stock valued at $785,621. 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.
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