Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARF) Trading Up 1% – What’s Next?

Morguard North American Residential Real Estate Investment Trust (OTCMKTS:MNARFGet Free Report) traded up 1% on Wednesday . The company traded as high as $12.19 and last traded at $12.19. 2,790 shares were traded during trading, a decline of 67% from the average session volume of 8,497 shares. The stock had previously closed at $12.07.

Wall Street Analyst Weigh In

Separately, Desjardins began coverage on shares of Morguard North American Residential Real Estate Investment Trust in a report on Tuesday, February 4th. They issued a “buy” rating for the company.

Read Our Latest Stock Report on MNARF

Morguard North American Residential Real Estate Investment Trust Stock Up 1.0 %

The business’s 50 day moving average price is $11.54 and its two-hundred day moving average price is $12.57.

About Morguard North American Residential Real Estate Investment Trust

(Get Free Report)

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario. The Units of the REIT trade on the Toronto Stock Exchange under the ticker symbol MRG.UN. With a strategic focus on the acquisition of high-quality multi-suite residential properties in Canada and the United States, the REIT maximizes long-term Unit value through active asset and property management.

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