Morguard Corp (TSE:MRC) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$111.23 and last traded at C$111.23, with a volume of 29273 shares trading hands. The stock had previously closed at C$113.28.
The company has a market capitalization of $1.28 billion and a PE ratio of 24.72. The business’s 50-day moving average is C$120.19 and its 200-day moving average is C$136.87. The company has a debt-to-equity ratio of 153.03, a quick ratio of 0.16 and a current ratio of 0.19.
Morguard (TSE:MRC) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported C($5.81) earnings per share (EPS) for the quarter. The company had revenue of C$240.91 million for the quarter. Analysts expect that Morguard Corp will post 13.3500004 EPS for the current year.
About Morguard (TSE:MRC)
Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. As of February 21, 2019, the company owned a portfolio of 214 multi-suite residential, retail, office, industrial, and hotel properties that comprised 18,481 residential suites, approximately 17.2 million square feet of commercial leasable space, and 5,903 hotel rooms.
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