Morguard Real Estate Inv. (TSE:MRT.UN) Insider Sime Armoyan Acquires 2,100 Shares

Morguard Real Estate Inv. (TSE:MRT.UN) insider Sime Armoyan acquired 2,100 shares of the stock in a transaction on Friday, September 6th. The stock was purchased at an average cost of C$5.35 per share, with a total value of C$11,233.95.

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

• On Thursday, August 22nd, Sime Armoyan bought 20,700 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.33 per share, for a total transaction of C$110,384.82.
• On Thursday, August 15th, Sime Armoyan purchased 6,300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.32 per share, with a total value of C$33,516.00.
• On Friday, August 9th, Sime Armoyan acquired 11,300 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.33 per share, for a total transaction of C$60,225.61.
• On Tuesday, August 6th, Sime Armoyan bought 4,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.33 per share, with a total value of C$23,452.00.
• On Tuesday, July 23rd, Sime Armoyan purchased 2,900 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.32 per share, with a total value of C$15,428.00.
• On Monday, July 15th, Sime Armoyan acquired 500 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.32 per share, for a total transaction of C$2,660.00.
• On Friday, July 12th, Sime Armoyan bought 100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.30 per share, with a total value of C$530.00.
• On Monday, July 8th, Sime Armoyan purchased 3,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.33 per share, with a total value of C$20,787.00.
• On Thursday, July 4th, Sime Armoyan purchased 1,500 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.33 per share, for a total transaction of C$7,995.00.
• On Tuesday, July 2nd, Sime Armoyan bought 4,000 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$21,200.00.

Morguard Real Estate Inv. Stock Performance

MRT.UN stock opened at C$5.35 on Friday. The stock’s 50 day simple moving average is C$5.35 and its 200 day simple moving average is C$5.35. Morguard Real Estate Inv. has a 12-month low of C$5.20 and a 12-month high of C$5.74. The firm has a market cap of C$343.90 million, a P/E ratio of -3.22 and a beta of 1.40. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 135.58.

Analyst Ratings Changes

Separately, TD Securities lifted their price target on Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the stock a “hold” rating in a research note on Wednesday.

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.