Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Acquires C$11,107.00 in Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan bought 100 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Friday, January 24th. The stock was purchased at an average cost of C$111.07 per share, for a total transaction of C$11,107.00.

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

• On Monday, January 20th, Sime Armoyan acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired 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 purchased 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were 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 Price Performance

Shares of TSE MRG.UN traded up C$0.12 during midday trading on Friday, hitting C$16.92. The company had a trading volume of 36,705 shares, compared to its average volume of 39,550. Morguard North American Residential Real Estate Investment Trust has a twelve month low of C$14.45 and a twelve month high of C$19.53. The firm has a market capitalization of C$628.58 million, a price-to-earnings ratio of 4.48 and a beta of 1.21. The business has a 50-day simple moving average of C$17.69 and a two-hundred day simple moving average of C$17.85. The company has a quick ratio of 0.09, a current ratio of 0.80 and a debt-to-equity ratio of 95.54.

About Morguard North American Residential Real Estate Investment Trust

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.