Insider Buying: Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Purchases 3,200 Shares of Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan acquired 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Monday, January 13th. The shares were purchased at an average cost of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Trading Down 0.5 %

MRG.UN opened at C$16.90 on Friday. 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 cap of C$627.84 million, a PE ratio of 4.47 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. The firm’s fifty day moving average is C$17.85 and its two-hundred day moving average is C$17.79.

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.