Morguard Real Estate Inv. (TSE:MRT.UN) Insider Sime Armoyan Purchases 9,500 Shares of Stock

Posted by MarketBeat News on Apr 20th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Sime Armoyan acquired 9,500 shares of the firm’s stock in a transaction on Thursday, April 18th. The shares were bought at an average cost of C$5.34 per share, with a total value of C$50,762.30.

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

On Tuesday, April 16th, Sime Armoyan acquired 200 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, with a total value of C$1,060.00.
On Friday, April 12th, Sime Armoyan acquired 9,700 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, with a total value of C$51,383.81.
On Tuesday, March 26th, Sime Armoyan acquired 21,000 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.31 per share, with a total value of C$111,405.00.
On Thursday, March 21st, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, with a total value of C$1,590.00.
On Monday, March 18th, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, with a total value of C$1,590.00.
On Thursday, March 14th, Sime Armoyan acquired 800 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.32 per share, with a total value of C$4,256.00.
On Monday, March 11th, Sime Armoyan bought 7,700 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.31 per share, with a total value of C$40,898.55.
On Thursday, March 7th, Sime Armoyan bought 23,100 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.30 per share, with a total value of C$122,430.00.
On Monday, March 4th, Sime Armoyan bought 2,800 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.25 per share, with a total value of C$14,700.00.
On Friday, March 1st, Sime Armoyan bought 6,900 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.32 per share, with a total value of C$36,708.00.

Morguard Real Estate Inv. Stock Performance

MRT.UN stock opened at C$5.35 on Friday. Morguard Real Estate Inv. has a 12-month low of C$5.20 and a 12-month high of C$5.70. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 131.30. The business has a 50 day moving average of C$5.34 and a 200-day moving average of C$5.34. The firm has a market cap of C$343.84 million, a PE ratio of -4.61 and a beta of 1.42.

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Separately, TD Securities reduced their target price on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating for the company in a report on Tuesday, February 20th.

Check Out Our Latest Stock Report on MRT.UN

About Morguard Real Estate Inv.

(Get Free Report)

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.