Morguard Co. (TSE:MRC) shares traded down 5.3% during mid-day trading on Tuesday . The company traded as low as C$170.00 and last traded at C$171.00. 2,234 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 12,989 shares. The stock had previously closed at C$180.51.

The company has a market capitalization of $2,130.00, a price-to-earnings ratio of 8.79 and a beta of 0.47.

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Morguard Company Profile

Morguard Corp is a Canada-based real estate investment company. The Company is engaged in the acquisition, development and ownership of commercial, multi-unit residential and hotel real estate properties. It is also a real estate investment advisors and a management company. The Company and its subsidiaries, including Morguard Residential REIT and Morguard REIT, owns a portfolio of over 175 multi-unit residential, retail, office, industrial and hotel properties located in Canada and in the United States.

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