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Today's Research Reports on Granite REIT, Melcor Developments, SmartCentres REIT and Morguard

NEW YORK, NY / ACCESSWIRE / December 18, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://marketedgereport.com and get exclusive access to our numerous research reports and market updates.

The Market Edge Initiates Coverage on:

Granite REIT
https://marketedgereport.com/report/GRT-UN.TO/

Melcor Developments Ltd.
https://marketedgereport.com/report/MRD.TO/

SmartCentres REIT
https://marketedgereport.com/report/SRU-UN.TO/

Morguard Corporation
https://marketedgereport.com/report/MRC.TO/

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Granite REIT's stock moved 1.68% lower Monday, to close the day at $53.25. The stock recorded a trading volume of 214,110 shares, which was above its three months average volume of 95,882 shares. In the last year, Granite REIT's shares have traded in a range of 47.93 - 57.68. The share price has gained 11.1% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $54.94 is greater than its 200-day moving average of $54.63. Shares of the company are trading at a Price to Earnings ratio of 3.97. Shares of Granite REIT have gained approximately 8.12 percent year-to-date.

Access The Market Edge's Granite REIT Research Report:
https://marketedgereport.com/report/GRT-UN.TO/

On Monday, shares of Melcor Developments recorded a trading volume of 8,341 shares, which was above the three months average volume of 5,235 shares. The stock ended the day 1.92% higher at $12.75. The share price has fallen 20.06% from its 52 week high with a 52 week trading range of 12.35 - 15.95. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $13.22 is lower than its 200-day moving average of $14.23. Shares of the company are trading at a Price to Earnings ratio of 7.06. Shares of Melcor Developments have fallen approximately 16.67 percent year-to-date.

Access The Market Edge's Melcor Developments Ltd. Research Report:
https://marketedgereport.com/report/MRD.TO/

SmartCentres REIT's stock moved 2.41% lower Monday, to close the day at $31.24. The stock recorded a trading volume of 429,164 shares, which was above its three months average volume of 267,900 shares. In the last year, SmartCentres REIT's shares have traded in a range of 28.14 - 32.42. The share price has gained 11.02% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $31.15 is greater than its 200-day moving average of $30.66. Shares of the company are trading at a Price to Earnings ratio of 12.54. Shares of SmartCentres REIT have gained approximately 1.07 percent year-to-date.

Access The Market Edge's SmartCentres REIT Research Report:
https://marketedgereport.com/report/SRU-UN.TO/

On Monday, shares of Morguard recorded a trading volume of 3,654 shares, which was above the three months average volume of 2,020 shares. The stock ended the day 3.03% lower at $170.09. The share price has fallen 10.48% from its 52 week high with a 52 week trading range of 161.00 - 190.00. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $180.32 is greater than its 200-day moving average of $173.21. Shares of the company are trading at a Price to Earnings ratio of 5.55. Shares of Morguard have fallen approximately 5.23 percent year-to-date.

Access The Market Edge's Morguard Corporation Research Report:
https://marketedgereport.com/report/MRC.TO/

Our Actionable Research on Granite REIT (TSX:GRT-UN.TO), Melcor Developments Ltd. (TSX:MRD.TO), SmartCentres REIT (TSX:SRU-UN.TO) and Morguard Corporation (TSX:MRC.TO) can be downloaded free of charge at The Market Edge.

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The Market Edge has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.

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SOURCE: MarketEdgeReport