Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF) Trading 2.5% Higher – Time to Buy?

Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARFGet Free Report) shares traded up 2.5% on Friday . The company traded as high as $12.92 and last traded at $12.92. 1,300 shares changed hands during trading, a decline of 57% from the average session volume of 3,000 shares. The stock had previously closed at $12.61.

Morguard North American Residential Real Estate Investment Trust Stock Performance

The business’s 50 day simple moving average is $13.35 and its two-hundred day simple moving average is $12.90.

Morguard North American Residential Real Estate Investment Trust Company Profile

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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.

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