Morguard Real Estate Inv. (TSE:MRT.UN) Insider Buys C$51,383.81 in Stock

Posted by Samantha Reynolds on Apr 18th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Sime Armoyan purchased 9,700 shares of the firm’s stock in a transaction on Friday, April 12th. The shares were purchased at an average cost of C$5.30 per share, for a total transaction of C$51,383.81.

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

On Tuesday, April 16th, Sime Armoyan acquired 200 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.30 per share, for a total transaction of C$1,060.00.
On Tuesday, March 26th, Sime Armoyan bought 21,000 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.31 per share, with a total value of C$111,405.00.
On Thursday, March 21st, Sime Armoyan purchased 300 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.30 per share, for a total transaction of C$1,590.00.
On Monday, March 18th, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.30 per share, with a total value of C$1,590.00.
On Thursday, March 14th, Sime Armoyan bought 800 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.32 per share, with a total value of C$4,256.00.
On Monday, March 11th, Sime Armoyan purchased 7,700 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.31 per share, for a total transaction of C$40,898.55.
On Thursday, March 7th, Sime Armoyan acquired 23,100 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, with a total value of C$122,430.00.
On Monday, March 4th, Sime Armoyan bought 2,800 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.25 per share, for a total transaction of C$14,700.00.
On Friday, March 1st, Sime Armoyan purchased 6,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.32 per share, with a total value of C$36,708.00.
On Friday, February 23rd, Sime Armoyan purchased 152,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.28 per share, for a total transaction of C$807,312.00.

Morguard Real Estate Inv. Stock Performance

TSE MRT.UN opened at C$5.30 on Thursday. The business’s 50-day simple moving average is C$5.34 and its 200-day simple moving average is C$5.34. Morguard Real Estate Inv. has a 1-year low of C$5.20 and a 1-year high of C$5.70. The company has a debt-to-equity ratio of 131.30, a current ratio of 0.04 and a quick ratio of 0.04. The firm has a market capitalization of C$340.63 million, a P/E ratio of -4.57 and a beta of 1.42.

Wall Street Analyst Weigh In

Separately, TD Securities lowered their price objective on shares of Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating for the company in a research note on Tuesday, February 20th.

Check Out Our Latest Analysis on MRT.UN

Morguard Real Estate Inv. Company Profile

(Get Free Report)

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.