Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Buys 3,000 Shares of Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan acquired 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Thursday, January 16th. The shares were purchased at an average price of C$111.75 per share, with a total value of C$335,235.00.

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

• On Monday, January 13th, Sime Armoyan purchased 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was 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 Stock Performance

Shares of MRG.UN opened at C$16.85 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54. The firm has a market cap of C$625.98 million, a PE ratio of 4.46 and a beta of 1.21. Morguard North American Residential Real Estate Investment Trust has a 12 month low of C$14.45 and a 12 month high of C$19.53. The stock has a fifty day moving average price of C$17.82 and a 200-day moving average price of C$17.78.

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.