Morguard North American Residential REIT (TSE:MRG.UN) Insider Acquires C$10,990.00 in Stock

Morguard North American Residential REIT (TSE:MRG.UN) insider Sime Armoyan acquired 100 shares of Morguard North American Residential REIT stock in a transaction dated Monday, April 15th. The shares were acquired at an average price of C$109.90 per share, with a total value of C$10,990.00.

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

• On Thursday, February 29th, Sime Armoyan bought 400 shares of Morguard North American Residential REIT stock. The stock was purchased at an average cost of C$110.00 per share, for a total transaction of C$43,998.52.
• On Friday, February 23rd, Sime Armoyan bought 3,600 shares of Morguard North American Residential REIT stock. The stock was purchased at an average cost 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 stock was 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 %

Shares of MRG.UN stock opened at C$15.59 on Friday. The company has a debt-to-equity ratio of 92.78, a quick ratio of 0.09 and a current ratio of 0.19. The firm’s 50-day moving average is C$15.76 and its 200-day moving average is C$14.89. The stock has a market cap of C$588.37 million, a price-to-earnings ratio of 3.34 and a beta of 1.18. Morguard North American Residential REIT has a 52-week low of C$13.08 and a 52-week high of C$17.72.

About Morguard North American Residential REIT

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.