Morguard North American Residential REIT (TSE:MRG.UN) Insider Sime Armoyan Acquires 100 Shares of Stock

Morguard North American Residential REIT (TSE:MRG.UN) insider Sime Armoyan bought 100 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were purchased at an average cost of C$109.90 per share, with a total value of C$10,990.00.

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

• On Thursday, February 29th, Sime Armoyan bought 400 shares of Morguard North American Residential REIT stock. The shares were purchased at an average cost of C$110.00 per share, with a total value of C$43,998.52.
• On Friday, February 23rd, Sime Armoyan purchased 3,600 shares of Morguard North American Residential REIT stock. The shares were bought at an average price of C$110.00 per share, for a total transaction of C$396,000.00.
• On Monday, January 22nd, Sime Armoyan purchased 3,400 shares of Morguard North American Residential REIT stock. The shares were bought at an average price of C$110.00 per share, for a total transaction of C$374,000.00.

Morguard North American Residential REIT Trading Up 1.4 %

Shares of Morguard North American Residential REIT stock opened at C$15.59 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.09 and a debt-to-equity ratio of 92.78. Morguard North American Residential REIT has a 12-month low of C$13.08 and a 12-month high of C$17.72. The firm has a market capitalization of C$588.37 million, a price-to-earnings ratio of 3.34 and a beta of 1.18. The firm’s 50 day simple moving average is C$15.76 and its two-hundred day simple moving average is C$14.89.

About Morguard North American Residential REIT

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.