Morguard (TSE:MRC) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Morguard Co. (TSE:MRCGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$114.51 and traded as low as C$113.50. Morguard shares last traded at C$114.10, with a volume of 635 shares trading hands.

Morguard Stock Performance

The company has a debt-to-equity ratio of 129.63, a quick ratio of 0.13 and a current ratio of 0.24. The firm’s 50 day moving average is C$112.97 and its 200-day moving average is C$114.51. The stock has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 6.22 and a beta of 1.18.

Morguard Company Profile

(Get Free Report)

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.

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