Morguard (TSE:MRC) Stock Price Passes Below 200-Day Moving Average of $112.25

Morguard Co. (TSE:MRC) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$112.25 and traded as low as C$111.80. Morguard shares last traded at C$111.80, with a volume of 102 shares changing hands.

Morguard Stock Performance

The firm’s fifty day simple moving average is C$111.30 and its 200 day simple moving average is C$112.23. The company has a market capitalization of C$1.21 billion, a PE ratio of 5.08 and a beta of 1.18. The company has a debt-to-equity ratio of 127.76, a current ratio of 0.20 and a quick ratio of 0.13.

Morguard Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 16th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Monday, September 16th. Morguard’s dividend payout ratio (DPR) is 2.73%.

Morguard Company Profile

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.