Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Acquires 3,500 Shares

Posted by Thomas Dobrow on Jan 20th, 2025

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) insider Sime Armoyan acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction on Monday, January 20th. The stock was purchased at an average price of C$111.98 per share, with a total value of C$391,926.85.

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

On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$111.75 per share, with a total value of C$335,235.00.
On Monday, January 13th, Sime Armoyan bought 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Price Performance

TSE:MRG.UN traded up C$0.05 during mid-day trading on Monday, reaching C$16.90. 49,599 shares of the company were exchanged, compared to its average volume of 38,171. 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 market cap of C$627.84 million, a PE ratio of 4.47 and a beta of 1.21. The company has a quick ratio of 0.09, a current ratio of 0.80 and a debt-to-equity ratio of 95.54. The company has a fifty day moving average of C$17.82 and a 200 day moving average of C$17.81.

Morguard North American Residential Real Estate Investment Trust Company Profile

(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.