Insider Buying: Morguard Real Estate Inv. (TSE:MRT.UN) Insider Purchases C$96,250.00 in Stock

Posted by Caroline Horne on Dec 6th, 2024

Morguard Real Estate Inv. (TSE:MRT.UN – Get Free Report) insider Morguard Corporation acquired 17,500 shares of Morguard Real Estate Inv. stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of C$5.50 per share, with a total value of C$96,250.00.

Morguard Corporation also recently made the following trade(s):

On Wednesday, December 4th, Morguard Corporation purchased 7,200 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$39,600.00.
On Wednesday, November 27th, Morguard Corporation purchased 7,500 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.47 per share, with a total value of C$41,028.00.
On Monday, November 25th, Morguard Corporation purchased 1,200 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$6,600.00.
On Friday, November 22nd, Morguard Corporation purchased 2,800 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.55 per share, with a total value of C$15,540.00.
On Wednesday, November 20th, Morguard Corporation purchased 33,300 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.54 per share, with a total value of C$184,405.41.
On Monday, November 18th, Morguard Corporation acquired 16,500 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.50 per share, with a total value of C$90,750.00.
On Thursday, November 14th, Morguard Corporation acquired 8,100 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.60 per share, with a total value of C$45,360.00.
On Tuesday, November 12th, Morguard Corporation acquired 9,000 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.47 per share, with a total value of C$49,227.30.
On Thursday, October 17th, Morguard Corporation acquired 39,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.74 per share, with a total value of C$226,297.84.
On Tuesday, October 15th, Morguard Corporation acquired 4,900 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.65 per share, with a total value of C$27,675.20.

Morguard Real Estate Inv. Stock Up 1.8 %

Shares of TSE:MRT.UN opened at C$5.60 on Friday. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 135.58. Morguard Real Estate Inv. has a 12 month low of C$5.21 and a 12 month high of C$5.81. The company has a 50-day moving average price of C$5.59 and a 200 day moving average price of C$5.46. The company has a market cap of C$359.97 million, a price-to-earnings ratio of -3.37 and a beta of 1.40.

Analyst Ratings Changes

Separately, TD Securities increased their price objective on shares of Morguard Real Estate Inv. from C$5.50 to C$6.00 and gave the company a “hold” rating in a report on Wednesday, September 4th.

Get Our Latest Stock Report on MRT.UN

Morguard Real Estate Inv. Company Profile

(Get Free Report)

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.