Morguard Real Estate Inv. (TSE:MRT.UN) Insider Morguard Corporation Acquires 24,000 Shares

Posted by Rob Hiaasen on Dec 10th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Morguard Corporation acquired 24,000 shares of Morguard Real Estate Inv. stock in a transaction on Monday, December 9th. The shares were bought at an average cost of C$5.60 per share, for a total transaction of C$134,332.80.

Morguard Corporation also recently made the following trade(s):

On Wednesday, December 4th, Morguard Corporation bought 7,200 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, with a total value of C$39,600.00.
On Monday, December 2nd, Morguard Corporation purchased 17,500 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$96,250.00.
On Wednesday, November 27th, Morguard Corporation acquired 7,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.47 per share, for a total transaction of C$41,028.00.
On Monday, November 25th, Morguard Corporation acquired 1,200 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, with a total value of C$6,600.00.
On Friday, November 22nd, Morguard Corporation purchased 2,800 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.55 per share, for a total transaction of C$15,540.00.
On Wednesday, November 20th, Morguard Corporation bought 33,300 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.54 per share, with a total value of C$184,405.41.
On Monday, November 18th, Morguard Corporation bought 16,500 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.50 per share, for a total transaction of C$90,750.00.
On Thursday, November 14th, Morguard Corporation bought 8,100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.60 per share, for a total transaction of C$45,360.00.
On Tuesday, November 12th, Morguard Corporation purchased 9,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.47 per share, with a total value of C$49,227.30.
On Thursday, October 17th, Morguard Corporation bought 39,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.74 per share, with a total value of C$226,297.84.

Morguard Real Estate Inv. Stock Down 1.8 %

Shares of TSE MRT.UN traded down C$0.10 during trading hours on Tuesday, hitting C$5.50. The stock had a trading volume of 3,200 shares, compared to its average volume of 11,991. The company has a market capitalization of C$353.54 million, a P/E ratio of -3.37 and a beta of 1.40. Morguard Real Estate Inv. has a 52 week low of C$5.25 and a 52 week high of C$5.81. The firm’s 50-day moving average price is C$5.59 and its two-hundred day moving average price is C$5.47. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08.

Wall Street Analyst Weigh In

Separately, TD Securities raised their target price on shares of Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the company a “hold” rating in a research note on Wednesday, September 4th.

View Our Latest Analysis on MRT.UN

About Morguard Real Estate Inv.

(Get Free Report)

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.