Monmouth Real Estate Investment Corp. Insider Allison Nagelberg Purchases 2,008 Shares (MNR)
Monmouth Real Estate Investment Corp. (NYSE:MNR) Insider Allison Nagelberg acquired 2,008 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were purchased at an average cost of $9.96 per share, with a total value of $19,999.68. Following the transaction, the insider now directly owns 34,725 shares in the company, valued at approximately $345,861. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Monmouth Real Estate Investment Corp. (NYSE:MNR) traded up 0.09% during mid-day trading on Tuesday, hitting $10.60. The stock had a trading volume of 75,538 shares. Monmouth Real Estate Investment Corp. has a 52 week low of $8.65 and a 52 week high of $10.65. The stock’s 50-day moving average is $10.38 and its 200-day moving average is $9.71. The company has a market cap of $598.7 million and a price-to-earnings ratio of 51.41.
Monmouth Real Estate Investment Corp. (NYSE:MNR) last announced its earnings results on Wednesday, August 6th. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.06. The company had revenue of $13.38 million for the quarter, compared to the consensus estimate of $15.50 million. Analysts expect that Monmouth Real Estate Investment Corp. will post $0.21 EPS for the current fiscal year.
Monmouth Real Estate Investment Corporation is an real estate investment trust (NYSE:MNR) that owns real estate.
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