Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Sime Armoyan acquired 6,000 shares of the company's stock in a transaction that occurred on Friday, June 27th. The shares were bought at an average cost of C$5.74 per share, for a total transaction of C$34,464.00.
Sime Armoyan also recently made the following trade(s):
- On Thursday, June 26th, Sime Armoyan bought 1,000 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.75 per share, with a total value of C$5,750.00.
- On Friday, June 20th, Sime Armoyan purchased 5,000 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.70 per share, for a total transaction of C$28,500.00.
Morguard Real Estate Inv. Stock Performance
Shares of MRT.UN stock opened at C$5.76 on Tuesday. Morguard Real Estate Inv. has a 12-month low of C$5.30 and a 12-month high of C$6.01. The business's fifty day simple moving average is C$5.76 and its 200-day simple moving average is C$5.62. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 135.58. The company has a market cap of C$370.25 million, a PE ratio of -3.47 and a beta of 1.40.
Analyst Upgrades and Downgrades
Separately, TD Securities reduced their price objective on shares of Morguard Real Estate Inv. from C$5.50 to C$5.00 and set a "hold" rating for the company in a research note on Monday, May 5th.
Check Out Our Latest Analysis on MRT.UN
About Morguard Real Estate Inv.
(
Get Free Report)
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
