Morguard (TSE:MRC) Share Price Crosses Above 50 Day Moving Average of $185.49

Morguard Corp (TSE:MRC) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $185.49 and traded as high as $188.35. Morguard shares last traded at $186.02, with a volume of 1,800 shares changing hands.

The company has a quick ratio of 0.19, a current ratio of 0.22 and a debt-to-equity ratio of 142.15. The firm has a market cap of $2.10 billion and a price-to-earnings ratio of 9.00. The business has a 50 day moving average of C$185.49 and a 200 day moving average of C$189.64.

Morguard Company Profile (TSE:MRC)

Morguard Corporation, a real estate investment and management corporation, acquires, owns, and develops real estate properties in Canada and the United States. As of February 21, 2019, the company owned a portfolio of 214 multi-suite residential, retail, office, industrial, and hotel properties that comprised 18,481 residential suites, approximately 17.2 million square feet of commercial leasable space, and 5,903 hotel rooms.

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