Insider Buying: Morguard North American Residential REIT (TSE:MRG.UN) Insider Buys C$10,990.00 in Stock

Morguard North American Residential REIT (TSE:MRG.UNGet Free Report) insider Sime Armoyan acquired 100 shares of Morguard North American Residential REIT stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of C$109.90 per share, with a total value of C$10,990.00.

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

  • On Thursday, February 29th, Sime Armoyan acquired 400 shares of Morguard North American Residential REIT stock. The stock was purchased at an average cost of C$110.00 per share, with a total value of C$43,998.52.
  • On Friday, February 23rd, Sime Armoyan acquired 3,600 shares of Morguard North American Residential REIT stock. The stock was purchased at an average cost of C$110.00 per share, with a total value of C$396,000.00.
  • On Monday, January 22nd, Sime Armoyan bought 3,400 shares of Morguard North American Residential REIT stock. The stock was bought at an average price of C$110.00 per share, for a total transaction of C$374,000.00.

Morguard North American Residential REIT Stock Up 1.4 %

MRG.UN opened at C$15.59 on Monday. The company has a quick ratio of 0.09, a current ratio of 0.19 and a debt-to-equity ratio of 92.78. The stock has a market cap of C$588.37 million, a price-to-earnings ratio of 3.34 and a beta of 1.18. Morguard North American Residential REIT has a twelve month low of C$13.08 and a twelve month high of C$17.72. The company’s 50-day moving average price is C$15.76 and its two-hundred day moving average price is C$14.89.

About Morguard North American Residential REIT

(Get Free Report)

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.

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