Morguard Real Estate Investment Trust (OTCMKTS:MGRUF) Trading Down 3.4% – What’s Next?

Morguard Real Estate Investment Trust (OTCMKTS:MGRUFGet Free Report)’s share price traded down 3.4% during mid-day trading on Monday . The company traded as low as $3.81 and last traded at $3.81. 300 shares traded hands during trading, a decline of 69% from the average session volume of 981 shares. The stock had previously closed at $3.95.

Morguard Real Estate Investment Trust Stock Performance

The business’s 50 day simple moving average is $4.04 and its 200-day simple moving average is $3.99.

Morguard Real Estate Investment Trust Company Profile

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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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