Sime Armoyan Buys 900 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan purchased 900 shares of the firm’s stock in a transaction dated Tuesday, June 17th. The shares were bought at an average cost of C$113.00 per share, with a total value of C$101,700.00.

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

• On Wednesday, June 18th, Sime Armoyan purchased 1,170 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average cost of C$113.00 per share, with a total value of C$132,210.00.
• On Friday, June 13th, Sime Armoyan purchased 300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average cost of C$113.48 per share, with a total value of C$34,042.50.
• On Monday, June 9th, Sime Armoyan purchased 43,630 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average cost of C$113.43 per share, with a total value of C$4,949,055.61.
• On Thursday, March 27th, Sime Armoyan sold 1,400 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was sold at an average price of C$122.00, for a total transaction of C$170,800.00.

Morguard North American Residential Real Estate Investment Trust Stock Performance

Morguard North American Residential Real Estate Investment Trust stock opened at C$18.50 on Friday. The company has a market cap of C$687.28 million, a PE ratio of 4.89 and a beta of 1.21. The company has a fifty day moving average price of C$17.53 and a two-hundred day moving average price of C$17.27. 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 has a 12 month low of C$14.75 and a 12 month high of C$19.53.

Morguard North American Residential Real Estate Investment Trust Company Profile

Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.