Key Points
- Insider Sime Armoyan bought 200 shares on Mar. 30 at C$114.75 (C$22,950), following recent purchases of 300 shares on Mar. 31 and 5,500 shares on Mar. 17, and now directly owns 1,394,923 shares valued at C$160,067,414.25, a 0.01% increase in his position.
- Morguard shares trade around C$114.85 with a market cap of C$1.23 billion and a P/E of 7.03, but the company has high leverage (debt-to-equity 128.26); last quarter it reported EPS of C$2.33 on C$278.02 million in revenue.
Morguard Co. (TSE:MRC - Get Free Report) insider Sime Armoyan bought 200 shares of the company's stock in a transaction that occurred on Monday, March 30th. The stock was bought at an average price of C$114.75 per share, for a total transaction of C$22,950.00. Following the acquisition, the insider directly owned 1,394,923 shares of the company's stock, valued at C$160,067,414.25. The trade was a 0.01% increase in their position.
Sime Armoyan also recently made the following trade(s):
- On Tuesday, March 31st, Sime Armoyan bought 300 shares of Morguard stock. The shares were bought at an average price of C$114.75 per share, with a total value of C$34,425.00.
- On Tuesday, March 17th, Sime Armoyan purchased 5,500 shares of Morguard stock. The shares were purchased at an average cost of C$115.00 per share, for a total transaction of C$632,500.00.
Morguard Stock Performance
MRC stock opened at C$114.85 on Wednesday. The company has a debt-to-equity ratio of 128.26, a current ratio of 0.27 and a quick ratio of 0.13. Morguard Co. has a 1 year low of C$107.77 and a 1 year high of C$122.50. The company has a market cap of C$1.23 billion, a P/E ratio of 7.03 and a beta of 0.17. The stock's fifty day moving average price is C$115.89 and its 200-day moving average price is C$115.76.
Morguard (TSE:MRC - Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported C$2.33 EPS for the quarter. Morguard had a return on equity of 4.01% and a net margin of 15.68%.The company had revenue of C$278.02 million during the quarter. On average, equities analysts forecast that Morguard Co. will post 26.1506276 earnings per share for the current year.
About Morguard
(
Get Free Report)
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors.
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