Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF – Get Free Report)’s share price was down 9.6% during mid-day trading on Friday . The stock traded as low as $12.72 and last traded at $12.72. Approximately 4,150 shares were traded during trading, an increase of 110% from the average daily volume of 1,980 shares. The stock had previously closed at $14.07.
Morguard North American Residential Real Estate Investment Trust Stock Down 9.6 %
The company has a 50 day moving average of $13.81 and a 200 day moving average of $12.50.
About Morguard North American Residential Real Estate Investment Trust
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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