Sime Armoyan Purchases 100 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Posted by Faye Duncan on Jan 28th, 2025

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) insider Sime Armoyan purchased 100 shares of the stock in a transaction dated Friday, January 24th. The stock was acquired at an average price of C$111.07 per share, for a total transaction of C$11,107.00.

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

On Monday, January 20th, Sime Armoyan acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was bought at an average price of C$111.98 per share, for a total transaction of C$391,926.85.
On Thursday, January 16th, Sime Armoyan acquired 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average price 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 purchased at an average price of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Performance

TSE:MRG.UN opened at C$17.00 on Tuesday. 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 firm has a 50 day simple moving average of C$17.66 and a 200-day simple moving average of C$17.86. The firm has a market cap of C$631.55 million, a PE ratio of 4.50 and a beta of 1.21. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09.

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.