Morguard Real Estate Inv. (TSE:MRT.UN) Insider Purchases C$11,233.95 in Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Sime Armoyan purchased 2,100 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of C$5.35 per share, with a total value of C$11,233.95.

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

• On Thursday, August 22nd, Sime Armoyan purchased 20,700 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.33 per share, for a total transaction of C$110,384.82.
• On Thursday, August 15th, Sime Armoyan acquired 6,300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.32 per share, for a total transaction of C$33,516.00.
• On Friday, August 9th, Sime Armoyan bought 11,300 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.33 per share, with a total value of C$60,225.61.
• On Tuesday, August 6th, Sime Armoyan purchased 4,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.33 per share, for a total transaction of C$23,452.00.
• On Tuesday, July 23rd, Sime Armoyan acquired 2,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.32 per share, with a total value of C$15,428.00.
• On Monday, July 15th, Sime Armoyan acquired 500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.32 per share, with a total value of C$2,660.00.
• On Friday, July 12th, Sime Armoyan bought 100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.30 per share, with a total value of C$530.00.
• On Monday, July 8th, Sime Armoyan purchased 3,900 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.33 per share, with a total value of C$20,787.00.
• On Thursday, July 4th, Sime Armoyan purchased 1,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.33 per share, for a total transaction of C$7,995.00.
• On Tuesday, July 2nd, Sime Armoyan bought 4,000 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.30 per share, with a total value of C$21,200.00.

Morguard Real Estate Inv. Price Performance

MRT.UN stock traded up C$0.01 during midday trading on Friday, reaching C$5.35. The company had a trading volume of 2,315 shares, compared to its average volume of 11,179. The firm has a 50-day moving average price of C$5.35 and a 200-day moving average price of C$5.35. The company has a debt-to-equity ratio of 135.58, a current ratio of 0.08 and a quick ratio of 0.04. The company has a market capitalization of C$343.90 million, a P/E ratio of -3.22 and a beta of 1.40. Morguard Real Estate Inv. has a 1 year low of C$5.20 and a 1 year high of C$5.74.

Analysts Set New Price Targets

Separately, TD Securities boosted their price target on shares of 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.

Morguard Real Estate Inv. Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.