Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Buys 3,500 Shares

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan bought 3,500 shares of the firm’s stock in a transaction on Monday, January 20th. The shares were purchased at an average cost of C$111.98 per share, with a total value of C$391,926.85.

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

• On Thursday, January 16th, Sime Armoyan purchased 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased 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 stock was acquired at an average cost of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Trading Down 0.9 %

TSE MRG.UN opened at C$16.85 on Thursday. The company’s 50-day simple moving average is C$17.74 and its two-hundred day simple moving average is C$17.84. Morguard North American Residential Real Estate Investment Trust has a one year low of C$14.45 and a one year high of C$19.53. The company has a market capitalization of C$625.98 million, a price-to-earnings ratio of 4.46 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.