Sime Armoyan Acquires 100 Shares of Morguard North American Residential REIT (TSE:MRG.UN) Stock

Posted by ABMN Staff on Apr 21st, 2024

Morguard North American Residential REIT (TSE:MRG.UN – Get Free Report) insider Sime Armoyan acquired 100 shares of the company’s stock in a transaction dated Monday, April 15th. The stock was acquired at an average price of C$109.90 per share, for a total transaction of C$10,990.00.

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

On Thursday, February 29th, Sime Armoyan acquired 400 shares of Morguard North American Residential REIT stock. The stock was acquired at an average price of C$110.00 per share, for a total transaction of C$43,998.52.
On Friday, February 23rd, Sime Armoyan acquired 3,600 shares of Morguard North American Residential REIT stock. The stock was acquired at an average price of C$110.00 per share, for a total transaction of C$396,000.00.
On Monday, January 22nd, Sime Armoyan bought 3,400 shares of Morguard North American Residential REIT stock. The shares were purchased at an average cost of C$110.00 per share, for a total transaction of C$374,000.00.

Morguard North American Residential REIT Stock Up 1.4 %

MRG.UN stock opened at C$15.59 on Friday. Morguard North American Residential REIT has a twelve month low of C$13.08 and a twelve month high of C$17.72. The company has a market cap of C$588.37 million, a PE ratio of 3.34 and a beta of 1.18. The business’s 50-day simple moving average is C$15.76 and its 200 day simple moving average is C$14.89. The company has a quick ratio of 0.09, a current ratio of 0.19 and a debt-to-equity ratio of 92.78.

Morguard North American Residential REIT Company Profile

(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.