Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Stock Price Up 2.8% – Here’s Why

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report)’s share price rose 2.8% during trading on Tuesday . The company traded as high as $3.97 and last traded at $3.97. Approximately 100 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 1,825 shares. The stock had previously closed at $3.86.

Morguard Real Estate Investment Trust Stock Performance

The firm’s 50-day simple moving average is $3.86 and its 200 day simple moving average is $3.97.

About Morguard Real Estate Investment Trust

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The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

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