Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Acquires 100 Shares

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan purchased 100 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was bought at an average price 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 bought 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$111.98 per share, for a total transaction of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan purchased 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were 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 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 Up 0.5 %

Shares of TSE:MRG.UN opened at C$17.00 on Tuesday. The stock has a 50-day simple moving average of C$17.66 and a 200-day simple moving average of C$17.86. The stock has a market capitalization of C$631.55 million, a P/E ratio of 4.50 and a beta of 1.21. Morguard North American Residential Real Estate Investment Trust has a 1 year low of C$14.45 and a 1 year high of C$19.53. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80.

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.