Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Shares Up 2.7% – Still a Buy?

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report) traded up 2.7% on Monday . The stock traded as high as $4.5820 and last traded at $4.5820. 589 shares traded hands during trading, a decline of 65% from the average session volume of 1,660 shares. The stock had previously closed at $4.46.

Morguard Real Estate Investment Trust Stock Up 2.7%

The stock has a fifty day moving average price of $4.32 and a 200-day moving average price of $4.22.

Morguard Real Estate Investment Trust Company Profile

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Morguard Real Estate Investment Trust is an open-ended, unincorporated real estate investment trust organized under Canadian law. It acquires, owns and manages a diversified portfolio of income-producing properties across major markets in Canada. The trust is sponsored and managed by Morguard Asset Management Limited, drawing on the broader Morguard organization’s expertise in property management, development and leasing services.

The trust’s portfolio encompasses four primary property types: retail, office, industrial and multi-residential.

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