Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Sets New 52-Week High – Here’s Why

Flagship Communities Real Estate Investment Trust (TSE:MHC.UNGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$23.00 and last traded at C$29.50, with a volume of 5393 shares. The stock had previously closed at C$30.00.

Flagship Communities Real Estate Investment Trust Price Performance

The stock’s 50 day simple moving average is C$29.10 and its two-hundred day simple moving average is C$27.60. The stock has a market cap of C$577.21 million, a P/E ratio of 4.53 and a beta of 0.35.

About Flagship Communities Real Estate Investment Trust

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Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential MHCs primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.

Further Reading

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