Sime Armoyan Acquires 1,400 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 acquired 1,400 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were purchased at an average cost of C$114.00 per share, for a total transaction of C$159,600.98.

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

• On Friday, February 28th, Sime Armoyan purchased 6,300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$114.91 per share, for a total transaction of C$723,943.71.
• On Wednesday, February 26th, Sime Armoyan acquired 2,576 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$110.36 per share, with a total value of C$284,296.63.
• On Thursday, January 30th, Sime Armoyan bought 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$112.00 per share, for a total transaction of C$67,200.00.
• On Friday, January 24th, Sime Armoyan purchased 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average cost of C$111.07 per share, with a total value of C$11,107.00.
• On Monday, January 20th, Sime Armoyan acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average cost of C$111.98 per share, for a total transaction of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$111.75 per share, for a total transaction of C$335,235.00.
• On Monday, January 13th, Sime Armoyan acquired 3,200 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$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Performance

MRG.UN traded down C$0.21 during midday trading on Tuesday, reaching C$16.61. The company had a trading volume of 29,505 shares, compared to its average volume of 54,178. Morguard North American Residential Real Estate Investment Trust has a 12-month low of C$14.75 and a 12-month high of C$19.53. The business has a 50-day moving average price of C$16.98 and a two-hundred day moving average price of C$17.89. The stock has a market cap of C$617.06 million, a PE ratio of 4.39 and a beta of 1.21. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80.

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.