Morguard Real Estate Inv. (TSE:MRT.UN) Insider Sime Armoyan Purchases 9,700 Shares

Morguard Real Estate Inv. (TSE:MRT.UN) insider Sime Armoyan bought 9,700 shares of the stock in a transaction dated Friday, April 12th. The stock was acquired at an average price of C$5.30 per share, with a total value of C$51,383.81.

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

• On Tuesday, April 16th, Sime Armoyan purchased 200 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.30 per share, for a total transaction of C$1,060.00.
• On Tuesday, March 26th, Sime Armoyan acquired 21,000 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.31 per share, with a total value of C$111,405.00.
• On Thursday, March 21st, Sime Armoyan bought 300 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.30 per share, with a total value of C$1,590.00.
• On Monday, March 18th, Sime Armoyan purchased 300 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.30 per share, for a total transaction of C$1,590.00.
• On Thursday, March 14th, Sime Armoyan purchased 800 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.32 per share, with a total value of C$4,256.00.
• On Monday, March 11th, Sime Armoyan acquired 7,700 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.31 per share, for a total transaction of C$40,898.55.
• On Thursday, March 7th, Sime Armoyan bought 23,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.30 per share, with a total value of C$122,430.00.
• On Monday, March 4th, Sime Armoyan purchased 2,800 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.25 per share, for a total transaction of C$14,700.00.
• On Friday, March 1st, Sime Armoyan acquired 6,900 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.32 per share, with a total value of C$36,708.00.
• On Friday, February 23rd, Sime Armoyan acquired 152,900 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.28 per share, with a total value of C$807,312.00.

Morguard Real Estate Inv. Stock Performance

Shares of Morguard Real Estate Inv. stock opened at C$5.30 on Thursday. The firm has a fifty day moving average of C$5.34 and a two-hundred day moving average of C$5.34. The company has a debt-to-equity ratio of 131.30, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market capitalization of C$340.63 million, a price-to-earnings ratio of -4.57 and a beta of 1.42. Morguard Real Estate Inv. has a 52 week low of C$5.20 and a 52 week high of C$5.70.

Analyst Upgrades and Downgrades

Separately, TD Securities lowered their price target on shares of Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating for the company in a research report on Tuesday, February 20th.

About Morguard Real Estate Inv.

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.