Morguard Real Estate Inv. (TSE:MRT.UN) Insider Purchases C$11,233.95 in Stock

Posted by Elija Maina on Sep 7th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Sime Armoyan purchased 2,100 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost of C$5.35 per share, with a total value of C$11,233.95.

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

On Thursday, August 22nd, Sime Armoyan purchased 20,700 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.33 per share, for a total transaction of C$110,384.82.
On Thursday, August 15th, Sime Armoyan acquired 6,300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.32 per share, for a total transaction of C$33,516.00.
On Friday, August 9th, Sime Armoyan bought 11,300 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.33 per share, with a total value of C$60,225.61.
On Tuesday, August 6th, Sime Armoyan purchased 4,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.33 per share, for a total transaction of C$23,452.00.
On Tuesday, July 23rd, Sime Armoyan acquired 2,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.32 per share, with a total value of C$15,428.00.
On Monday, July 15th, Sime Armoyan acquired 500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.32 per share, with a total value of C$2,660.00.
On Friday, July 12th, Sime Armoyan bought 100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.30 per share, with a total value of C$530.00.
On Monday, July 8th, Sime Armoyan purchased 3,900 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.33 per share, with a total value of C$20,787.00.
On Thursday, July 4th, Sime Armoyan purchased 1,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.33 per share, for a total transaction of C$7,995.00.
On Tuesday, July 2nd, Sime Armoyan bought 4,000 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.30 per share, with a total value of C$21,200.00.

Morguard Real Estate Inv. Price Performance

MRT.UN stock traded up C$0.01 during midday trading on Friday, reaching C$5.35. The company had a trading volume of 2,315 shares, compared to its average volume of 11,179. The firm has a 50-day moving average price of C$5.35 and a 200-day moving average price of C$5.35. The company has a debt-to-equity ratio of 135.58, a current ratio of 0.08 and a quick ratio of 0.04. The company has a market capitalization of C$343.90 million, a P/E ratio of -3.22 and a beta of 1.40. Morguard Real Estate Inv. has a 1 year low of C$5.20 and a 1 year high of C$5.74.

Analysts Set New Price Targets

Separately, TD Securities boosted their price target 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 report on Wednesday.

Check Out Our Latest Research Report on Morguard Real Estate Inv.

Morguard Real Estate Inv. Company Profile

(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.