Sime Armoyan Buys 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 Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Monday, March 3rd. The shares were purchased at an average cost of C$114.00 per share, with a total value of C$159,600.98.

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

• On Friday, February 28th, Sime Armoyan bought 6,300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$114.91 per share, with a total value 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 acquired at an average price of C$110.36 per share, with a total value of C$284,296.63.
• On Thursday, January 30th, Sime Armoyan bought 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$112.00 per share, with a total value of C$67,200.00.
• On Friday, January 24th, Sime Armoyan bought 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$111.07 per share, with a total value of C$11,107.00.
• On Monday, January 20th, Sime Armoyan purchased 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought 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 purchased 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought 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 stock was bought 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

MRG.UN stock opened at C$17.67 on Thursday. The firm has a 50 day simple moving average of C$16.98 and a two-hundred day simple moving average of C$17.89. Morguard North American Residential Real Estate Investment Trust has a one year low of C$14.75 and a one year high of C$19.53. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09. The stock has a market cap of C$656.44 million, a PE ratio of 4.67 and a beta of 1.21.

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.