Morguard (TSE:MRC) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Morguard Co. (TSE:MRCGet Free Report)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$116.53 and traded as low as C$110.80. Morguard shares last traded at C$111.14, with a volume of 616 shares changing hands.

Morguard Stock Down 0.8 %

The company has a debt-to-equity ratio of 127.16, a current ratio of 0.29 and a quick ratio of 0.13. The stock has a market capitalization of C$1.20 billion, a price-to-earnings ratio of 5.90 and a beta of 1.18. The firm’s fifty day moving average is C$114.65 and its 200-day moving average is C$116.53.

About Morguard

(Get Free Report)

Morguard Corporation, a real estate investment and management company, engages in property ownership, development, and investment advisory services in Canada and the United States. It operates in four segments: Multi-Suite Residential, Retail, Office, and Hotel. The company offers real estate management and advisory services, including acquisitions, development, dispositions, leasing, performance measurement, and asset and property management; and investment products across equity, fixed income, and balanced portfolios to institutional clients and private investors.

Further Reading

Receive News & Ratings for Morguard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morguard and related companies with MarketBeat.com's FREE daily email newsletter.