Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Purchases 100 Shares

Posted by Erica Schwartz on Jan 27th, 2025

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) insider Sime Armoyan purchased 100 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction that occurred on Friday, January 24th. The shares were acquired at an average price of C$111.07 per share, for a total transaction of C$11,107.00.

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

On Monday, January 20th, Sime Armoyan bought 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.98 per share, for a total transaction of C$391,926.85.
On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.75 per share, for a total transaction of C$335,235.00.
On Monday, January 13th, Sime Armoyan bought 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Up 0.7 %

MRG.UN stock opened at C$16.92 on Monday. Morguard North American Residential Real Estate Investment Trust has a fifty-two week low of C$14.45 and a fifty-two week high of C$19.53. The business’s 50 day moving average price is C$17.69 and its two-hundred day moving average price is C$17.85. The company has a debt-to-equity ratio of 95.54, a quick ratio of 0.09 and a current ratio of 0.80. The company has a market capitalization of C$628.58 million, a price-to-earnings ratio of 4.48 and a beta of 1.21.

About Morguard North American Residential Real Estate Investment Trust

(Get Free Report)

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.