Morguard (TSE:MRC) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Morguard Co. (TSE:MRC – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of C$118.05 and traded as low as C$114.73. Morguard shares last traded at C$114.73, with a volume of 1,302 shares trading hands.

Morguard Stock Down 0.4%

The stock’s fifty day simple moving average is C$115.05 and its two-hundred day simple moving average is C$118.03. The company has a debt-to-equity ratio of 123.43, a current ratio of 0.42 and a quick ratio of 0.13. The company has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 5.93 and a beta of 0.15.

Morguard (TSE:MRC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported C$7.93 EPS for the quarter. Morguard had a net margin of 18.49% and a return on equity of 4.61%. The business had revenue of C$273.12 million during the quarter. On average, sell-side analysts predict that Morguard Co. will post 26.1506276 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Sime Armoyan bought 34,200 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was bought at an average cost of C$104.30 per share, for a total transaction of C$3,567,060.00. Following the completion of the purchase, the insider directly owned 1,456,223 shares in the company, valued at approximately C$151,884,058.90. The trade was a 2.41% increase in their position. Insiders purchased 62,600 shares of company stock valued at $6,821,974 in the last three months. Insiders own 72.99% of the company’s stock.

About Morguard

(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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