Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF – Get Free Report)’s share price was down 0.4% during mid-day trading on Monday . The company traded as low as $12.1288 and last traded at $12.1288. 1,200 shares were traded during mid-day trading, a decline of 57% from the average session volume of 2,807 shares. The stock had previously closed at $12.1750.
Morguard North American Residential Real Estate Investment Trust Trading Down 0.4%
The stock’s 50-day moving average is $12.18 and its two-hundred day moving average is $12.71.
About Morguard North American Residential Real Estate Investment Trust
Morguard North American Residential Real Estate Investment Trust (OTCMKTS: MNARF) is an open-ended real estate investment trust that owns and operates a diversified portfolio of multi-residential rental properties. Through its sponsor, Morguard Corporation, the trust focuses on acquiring, developing and managing apartment communities in key North American markets. Its asset mix spans mid-rise and high-rise buildings as well as purpose-built rental communities designed to serve a broad tenant base, from young professionals to families and seniors.
The trust leverages the property management and leasing capabilities of Morguard’s in-house team, providing services that include marketing, maintenance and tenant relations.
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