Sime Armoyan Sells 1,400 Shares of Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan sold 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of C$122.00, for a total value of C$170,800.00.

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

• On Monday, March 3rd, Sime Armoyan acquired 1,400 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average price of C$114.00 per share, with a total value of C$159,600.98.
• On Friday, February 28th, Sime Armoyan bought 6,300 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were bought at an average cost of C$114.91 per share, with a total value of C$723,943.71.
• On Wednesday, February 26th, Sime Armoyan acquired 2,576 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average price of C$110.36 per share, for a total transaction of C$284,296.63.
• On Thursday, January 30th, Sime Armoyan bought 600 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were purchased at an average cost of C$112.00 per share, with a total value of C$67,200.00.
• On Friday, January 24th, Sime Armoyan purchased 100 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$111.07 per share, for a total transaction of C$11,107.00.
• On Monday, January 20th, Sime Armoyan acquired 3,500 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was purchased at an average cost of C$111.98 per share, with a total value of C$391,926.85.
• On Thursday, January 16th, Sime Armoyan bought 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The shares were acquired at an average cost of C$111.75 per share, for a total transaction of C$335,235.00.
• On Monday, January 13th, Sime Armoyan purchased 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average cost of C$111.00 per share, for a total transaction of C$355,200.00.

Morguard North American Residential Real Estate Investment Trust Price Performance

TSE MRG.UN traded up C$0.17 during trading hours on Monday, hitting C$17.40. 7,042 shares of the company’s stock traded hands, compared to its average volume of 52,536. The company has a debt-to-equity ratio of 95.54, a current ratio of 0.80 and a quick ratio of 0.09. The firm’s 50-day moving average is C$16.97 and its 200-day moving average is C$17.79. Morguard North American Residential Real Estate Investment Trust has a 52-week low of C$14.75 and a 52-week high of C$19.53. The company has a market capitalization of C$646.41 million, a PE ratio of 4.60 and a beta of 1.21.

About Morguard North American Residential Real Estate Investment Trust

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.