Sime Armoyan Purchases 16,200 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN) insider Sime Armoyan bought 16,200 shares of the firm’s stock in a transaction on Thursday, May 2nd. The stock was acquired at an average price of C$5.38 per share, for a total transaction of C$87,220.80.

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

• On Monday, April 29th, Sime Armoyan bought 100 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.26 per share, for a total transaction of C$526.00.
• On Friday, April 26th, Sime Armoyan bought 1,900 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.34 per share, for a total transaction of C$10,140.87.
• On Wednesday, April 24th, Sime Armoyan bought 2,100 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.35 per share, for a total transaction of C$11,224.50.
• On Monday, April 22nd, Sime Armoyan purchased 6,400 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.34 per share, for a total transaction of C$34,172.16.
• On Thursday, April 18th, Sime Armoyan purchased 9,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.34 per share, for a total transaction of C$50,762.30.
• On Tuesday, April 16th, Sime Armoyan purchased 200 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$1,060.00.
• On Friday, April 12th, Sime Armoyan purchased 9,700 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$51,383.81.
• On Tuesday, March 26th, Sime Armoyan purchased 21,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.31 per share, for a total transaction of C$111,405.00.
• On Thursday, March 21st, Sime Armoyan purchased 300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$1,590.00.
• On Monday, March 18th, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.30 per share, for a total transaction of C$1,590.00.

Morguard Real Estate Inv. Price Performance

MRT.UN stock opened at C$5.32 on Friday. 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 company’s fifty day simple moving average is C$5.34 and its 200 day simple moving average is C$5.33. Morguard Real Estate Inv. has a 12-month low of C$5.20 and a 12-month high of C$5.70. The firm has a market cap of C$341.92 million, a price-to-earnings ratio of -4.59 and a beta of 1.42.

Analysts Set New Price Targets

Separately, TD Securities cut their price objective on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating on the stock in a research note on Tuesday, February 20th.

Morguard Real Estate Inv. Company Profile

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.