Morguard Corporation Buys 9,900 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Posted by Amber O'Connor on Dec 15th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Morguard Corporation purchased 9,900 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of C$5.50 per share, for a total transaction of C$54,450.00.

Morguard Corporation also recently made the following trade(s):

On Monday, December 9th, Morguard Corporation acquired 24,000 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.60 per share, with a total value of C$134,332.80.
On Wednesday, December 4th, Morguard Corporation bought 7,200 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.50 per share, for a total transaction of C$39,600.00.
On Monday, December 2nd, Morguard Corporation purchased 17,500 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.50 per share, with a total value of C$96,250.00.
On Wednesday, November 27th, Morguard Corporation acquired 7,500 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.47 per share, for a total transaction of C$41,028.00.
On Monday, November 25th, Morguard Corporation acquired 1,200 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.50 per share, with a total value of C$6,600.00.
On Friday, November 22nd, Morguard Corporation bought 2,800 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.55 per share, for a total transaction of C$15,540.00.
On Wednesday, November 20th, Morguard Corporation purchased 33,300 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.54 per share, with a total value of C$184,405.41.
On Monday, November 18th, Morguard Corporation acquired 16,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.50 per share, with a total value of C$90,750.00.
On Thursday, November 14th, Morguard Corporation bought 8,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.60 per share, for a total transaction of C$45,360.00.
On Tuesday, November 12th, Morguard Corporation purchased 9,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.47 per share, with a total value of C$49,227.30.

Morguard Real Estate Inv. Price Performance

Morguard Real Estate Inv. stock opened at C$5.51 on Friday. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08. Morguard Real Estate Inv. has a 52 week low of C$5.25 and a 52 week high of C$5.81. The stock has a market capitalization of C$354.18 million, a P/E ratio of -3.32 and a beta of 1.40. The stock has a fifty day moving average of C$5.58 and a 200-day moving average of C$5.47.

Analyst Upgrades and Downgrades

Separately, TD Securities lifted their price objective on shares of Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

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.