Sime Armoyan Acquires 3,000 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) insider Sime Armoyan purchased 3,000 shares of the stock in a transaction on Thursday, January 16th. The stock was acquired at an average price of C$111.75 per share, for a total transaction of C$335,235.00.

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

• On Monday, January 13th, Sime Armoyan acquired 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Down 0.4 %

MRG.UN traded down C$0.06 on Friday, hitting C$16.84. 13,897 shares of the company were exchanged, compared to its average volume of 34,238. The stock’s fifty day moving average is C$17.85 and its 200-day moving average is C$17.79. Morguard North American Residential Real Estate Investment Trust has a 12 month low of C$14.45 and a 12 month 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 company has a market cap of C$625.61 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.