Morguard Real Estate Investment Trust (OTCMKTS:MGRUF – Get Rating) traded down 3.5% during trading on Wednesday . The stock traded as low as $4.00 and last traded at $4.00. 1,000 shares changed hands during trading, a decline of 21% from the average session volume of 1,262 shares. The stock had previously closed at $4.15.
Analysts Set New Price Targets
Separately, Royal Bank of Canada dropped their price objective on shares of Morguard Real Estate Investment Trust from C$5.25 to C$5.00 in a report on Monday, May 1st.
Morguard Real Estate Investment Trust Trading Down 3.5 %
The company’s fifty day simple moving average is $4.07 and its 200 day simple moving average is $3.96.
Morguard Real Estate Investment Trust Company Profile
Morguard Real Estate Investment Trust is a closed-end investment trust company, which engages in owning, managing, and investing in a diversified real estate portfolio of commercial properties. Its real estate portfolio includes office properties in major urban centers. The company was founded on June 18, 1997 and is headquartered in Mississauga, Canada.
See Also
- Get a free copy of the StockNews.com research report on Morguard Real Estate Investment Trust (MGRUF)
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