Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Acquires C$723,943.71 in Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan bought 6,300 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of C$114.91 per share, with a total value of C$723,943.71.

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

• On Monday, March 3rd, Sime Armoyan bought 1,400 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average cost of C$114.00 per share, with a total value of C$159,600.98.
• On Wednesday, February 26th, Sime Armoyan bought 2,576 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought 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 stock was bought at an average cost of C$112.00 per share, with a total value of C$67,200.00.
• On Friday, January 24th, Sime Armoyan bought 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought 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 bought 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average cost of C$111.98 per share, with a total value of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan acquired 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$111.75 per share, with a total value 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 purchased 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 Stock Performance

Morguard North American Residential Real Estate Investment Trust stock opened at C$17.67 on Thursday. The business has a 50 day moving average of C$16.98 and a 200-day moving average of C$17.89. Morguard North American Residential Real Estate Investment Trust has a 1 year low of C$14.75 and a 1 year high of C$19.53. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09. The company has a market capitalization of C$656.44 million, a P/E ratio of 4.67 and a beta of 1.21.

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.