Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Sime Armoyan Acquires 600 Shares

Posted by Carolyn Dwyer on Feb 3rd, 2025

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN – Get Free Report) insider Sime Armoyan purchased 600 shares of the company’s stock in a transaction on Thursday, January 30th. The stock was purchased at an average cost of C$112.00 per share, for a total transaction of C$67,200.00.

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

On Friday, January 24th, Sime Armoyan acquired 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average price of C$111.07 per share, with a total value of C$11,107.00.
On Monday, January 20th, Sime Armoyan bought 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$111.98 per share, for a total transaction of C$391,926.85.
On Thursday, January 16th, Sime Armoyan acquired 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average price of C$111.75 per share, for a total transaction of C$335,235.00.
On Monday, January 13th, Sime Armoyan bought 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average price of C$111.00 per share, with a total value of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Stock Down 2.1 %

Shares of MRG.UN stock opened at C$16.83 on Monday. The firm’s fifty day moving average price is C$17.55 and its two-hundred day moving average price is C$17.88. The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54. Morguard North American Residential Real Estate Investment Trust has a 1 year low of C$14.45 and a 1 year high of C$19.53. The firm has a market capitalization of C$625.23 million, a P/E ratio of 4.45 and a beta of 1.21.

About Morguard North American Residential Real Estate Investment Trust

(Get Free Report)

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.