Sime Armoyan Buys 1,900 Shares of Morguard (TSE:MRC) Stock

Morguard Co. (TSE:MRCGet Free Report) insider Sime Armoyan bought 1,900 shares of Morguard stock in a transaction on Friday, October 3rd. The shares were purchased at an average cost of C$115.10 per share, for a total transaction of C$218,690.00. Following the acquisition, the insider owned 1,348,223 shares in the company, valued at C$155,180,467.30. The trade was a 0.14% increase in their ownership of the stock.

Morguard Trading Down 0.1%

TSE:MRC opened at C$115.99 on Wednesday. The company has a quick ratio of 0.13, a current ratio of 0.24 and a debt-to-equity ratio of 129.63. The business’s 50 day moving average is C$116.99 and its two-hundred day moving average is C$115.55. Morguard Co. has a 52 week low of C$107.77 and a 52 week high of C$126.57. The company has a market cap of C$1.24 billion, a PE ratio of 6.57 and a beta of 0.38.

About Morguard

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Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management.

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