Sime Armoyan Purchases 6,400 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN) insider Sime Armoyan purchased 6,400 shares of the stock in a transaction that occurred on Monday, April 22nd. The shares were acquired at an average cost of C$5.34 per share, for a total transaction of C$34,172.16.

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

• On Thursday, April 18th, Sime Armoyan acquired 9,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.34 per share, for a total transaction of C$50,762.30.
• On Tuesday, April 16th, Sime Armoyan acquired 200 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$1,060.00.
• On Friday, April 12th, Sime Armoyan acquired 9,700 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$51,383.81.
• On Tuesday, March 26th, Sime Armoyan acquired 21,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.31 per share, for a total transaction of C$111,405.00.
• On Thursday, March 21st, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$1,590.00.
• On Monday, March 18th, Sime Armoyan acquired 300 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.30 per share, for a total transaction of C$1,590.00.
• On Thursday, March 14th, Sime Armoyan acquired 800 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.32 per share, for a total transaction of C$4,256.00.
• On Monday, March 11th, Sime Armoyan purchased 7,700 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.31 per share, for a total transaction of C$40,898.55.
• On Thursday, March 7th, Sime Armoyan purchased 23,100 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.30 per share, for a total transaction of C$122,430.00.
• On Monday, March 4th, Sime Armoyan purchased 2,800 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.25 per share, for a total transaction of C$14,700.00.

Morguard Real Estate Inv. Trading Down 0.7 %

MRT.UN opened at C$5.31 on Tuesday. The company’s 50 day moving average is C$5.34 and its 200-day moving average is C$5.34. Morguard Real Estate Inv. has a 1-year low of C$5.20 and a 1-year high of C$5.70. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 131.30. The company has a market cap of C$341.27 million, a P/E ratio of -4.58 and a beta of 1.42.

Wall Street Analysts Forecast Growth

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

Morguard Real Estate Inv. Company Profile

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.