Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Trading Down 1.1% – Here’s Why

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report) dropped 1.1% during mid-day trading on Friday . The company traded as low as $3.95 and last traded at $3.95. Approximately 200 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,027 shares. The stock had previously closed at $3.99.

Morguard Real Estate Investment Trust Trading Down 1.1 %

The stock’s 50-day simple moving average is $4.12 and its 200-day simple moving average is $3.99.

About Morguard Real Estate Investment Trust

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The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

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