Sime Armoyan Acquires 1,400 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan acquired 1,400 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was bought at an average cost of C$114.00 per share, for a total transaction of C$159,600.98.

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

• On Friday, February 28th, Sime Armoyan purchased 6,300 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$114.91 per share, for a total transaction of C$723,943.71.
• On Wednesday, February 26th, Sime Armoyan bought 2,576 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased 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 purchased 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$112.00 per share, for a total transaction of C$67,200.00.
• On Friday, January 24th, Sime Armoyan acquired 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired 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 shares were acquired at an average price of C$111.98 per share, for a total transaction of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price 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 acquired at an average price of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Down 1.2 %

Shares of Morguard North American Residential Real Estate Investment Trust stock traded down C$0.21 during trading on Tuesday, reaching C$16.61. 29,505 shares of the company traded hands, compared to its average volume of 54,178. The firm has a market capitalization of C$617.06 million, a PE ratio of 4.39 and a beta of 1.21. 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 50 day moving average price of C$16.98 and a 200-day moving average price of C$17.89. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09.

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.