Insider Buying: Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) Insider Acquires 3,200 Shares of Stock

Morguard North American Residential Real Estate Investment Trust (TSE:MRG.UN) insider Sime Armoyan purchased 3,200 shares of Morguard North American Residential Real Estate Investment Trust stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of C$111.00 per share, with a total value of C$355,200.00.

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

• On Thursday, January 16th, Sime Armoyan acquired 3,000 shares of Morguard North American Residential Real Estate Investment Trust stock. The stock was acquired at an average cost of C$111.75 per share, for a total transaction of C$335,235.00.

Morguard North American Residential Real Estate Investment Trust Stock Down 0.3 %

Morguard North American Residential Real Estate Investment Trust stock opened at C$16.85 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.09 and a debt-to-equity ratio of 95.54. Morguard North American Residential Real Estate Investment Trust has a 1-year low of C$14.45 and a 1-year high of C$19.53. The company has a fifty day simple moving average of C$17.82 and a 200 day simple moving average of C$17.78. The company has a market cap of C$625.98 million, a P/E ratio of 4.46 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.