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

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan bought 3,200 shares of the company’s stock in a transaction on Monday, January 13th. 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 Stock Performance

MRG.UN opened at C$16.98 on Thursday. 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 stock has a market cap of C$630.81 million, a P/E ratio of 4.49 and a beta of 1.21. The stock’s 50 day simple moving average is C$17.90 and its 200 day simple moving average is C$17.78. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09.

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.