Morguard (TSE:MRC) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Morguard Co. (TSE:MRCGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$119.09 and traded as high as C$122.00. Morguard shares last traded at C$121.53, with a volume of 5,511 shares traded.

Morguard Stock Performance

The company’s 50-day moving average is C$119.37 and its 200-day moving average is C$117.06. The firm has a market cap of C$1.30 billion, a price-to-earnings ratio of 7.44 and a beta of 0.15. The company has a debt-to-equity ratio of 122.63, a quick ratio of 0.13 and a current ratio of 0.21.

Morguard (TSE:MRCGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported C$5.48 earnings per share (EPS) for the quarter. The business had revenue of C$270.46 million for the quarter. Morguard had a net margin of 15.75% and a return on equity of 3.99%. On average, research analysts predict that Morguard Co. will post 26.1506276 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Sime Armoyan acquired 300 shares of the company’s stock in a transaction on Tuesday, March 31st. The stock was purchased at an average cost of C$114.75 per share, with a total value of C$34,425.00. Following the acquisition, the insider owned 1,395,223 shares of the company’s stock, valued at C$160,101,839.25. This trade represents a 0.02% increase in their position. Over the last three months, insiders bought 6,000 shares of company stock worth $689,875. Insiders own 72.99% of the company’s stock.

Morguard Company Profile

(Get Free Report)

Morguard Corporation is a real estate investment company listed on the Toronto Stock Exchange (TSX: MRC). The company and its subsidiaries, Morguard REIT (TSX: MRT.UN) and Morguard North American Residential REIT (TSX: MRG.UN), own a diversified portfolio of real estate assets across multiple classes, including office, industrial, retail, multi-suite residential and hotel. Morguard also provides real estate management services to institutional and other investors. As at September 30, 2025, Morguard’s owned and managed portfolio of assets was valued at $19 billion.

Further Reading

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