Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF – Get Free Report)’s share price dropped 4.2% during trading on Monday . The stock traded as low as $11.30 and last traded at $11.30. Approximately 4,800 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 14,300 shares. The stock had previously closed at $11.80.
Morguard North American Residential Real Estate Investment Trust Price Performance
The firm’s 50 day moving average is $12.22 and its 200-day moving average is $12.81.
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.
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