Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) insider Sime Armoyan bought 2,900 shares of the company’s stock in a transaction on Friday, June 14th. The shares were acquired at an average price of C$110.75 per share, for a total transaction of C$321,175.00.
Sime Armoyan also recently made the following trade(s):
- On Tuesday, June 11th, Sime Armoyan bought 4,600 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$110.98 per share, with a total value of C$510,525.02.
- On Friday, May 31st, Sime Armoyan bought 5,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average price of C$111.00 per share, with a total value of C$577,200.00.
- On Tuesday, May 28th, Sime Armoyan acquired 300 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price of C$111.00 per share, for a total transaction of C$33,300.00.
- On Friday, May 24th, Sime Armoyan acquired 500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$111.00 per share, with a total value of C$55,500.00.
- On Wednesday, May 22nd, Sime Armoyan acquired 1,100 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average price of C$111.00 per share, with a total value of C$122,100.00.
- On Tuesday, May 14th, Sime Armoyan purchased 300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.00 per share, with a total value of C$33,299.01.
- On Friday, May 3rd, Sime Armoyan bought 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average price of C$110.00 per share, for a total transaction of C$66,000.00.
- On Wednesday, May 8th, Sime Armoyan acquired 900 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price of C$110.00 per share, for a total transaction of C$99,000.00.
- On Monday, May 6th, Sime Armoyan purchased 2,100 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average cost of C$110.00 per share, for a total transaction of C$231,000.00.
- On Monday, April 29th, Sime Armoyan purchased 1,300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average cost of C$110.00 per share, for a total transaction of C$143,000.00.
Morguard North American Residential Real Estate Investment Trust Stock Performance
Shares of MRG.UN traded down C$0.02 during mid-day trading on Monday, hitting C$15.06. 6,226 shares of the company’s stock were exchanged, compared to its average volume of 26,676. The company has a current ratio of 0.15, a quick ratio of 0.09 and a debt-to-equity ratio of 92.48. Morguard North American Residential Real Estate Investment Trust has a fifty-two week low of C$13.08 and a fifty-two week high of C$17.18. The business’s 50 day moving average is C$15.58 and its two-hundred day moving average is C$15.35. The firm has a market capitalization of C$566.41 million, a P/E ratio of 3.28 and a beta of 1.18.
Analyst Ratings Changes
MRG.UN has been the topic of a number of recent analyst reports. TD Securities dropped their price objective on shares of Morguard North American Residential Real Estate Investment Trust from C$23.00 to C$22.00 in a research report on Wednesday, April 24th. Royal Bank of Canada lowered their target price on shares of Morguard North American Residential Real Estate Investment Trust from C$20.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Thursday, May 2nd.
View Our Latest Stock Analysis on MRG.UN
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.
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