Morguard Corp (MRC) Director Sells C$36,800.00 in Stock
Morguard Corp (TSE:MRC) Director David King sold 200 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of C$184.00, for a total transaction of C$36,800.00.
David King also recently made the following trade(s):
- On Tuesday, October 3rd, David King sold 300 shares of Morguard Corp stock. The shares were sold at an average price of C$185.00, for a total value of C$55,500.00.
- On Thursday, September 28th, David King sold 200 shares of Morguard Corp stock. The shares were sold at an average price of C$183.00, for a total value of C$36,600.00.
Shares of Morguard Corp (TSE:MRC) remained flat at $186.00 during trading on Wednesday. The company’s stock had a trading volume of 6,395 shares. Morguard Corp has a 52-week low of $166.39 and a 52-week high of $197.50. The firm has a market cap of $2.21 billion and a price-to-earnings ratio of 8.36. The firm’s 50-day moving average is $178.53 and its 200-day moving average is $181.94.
The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.32%.
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About Morguard Corp
Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, owns a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and in the United States.
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