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Closing Bell: Flagship Communites REIT up on Wednesday (MHC-UN)

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:02PM CDT

Flagship Communites REIT opened trading today at $19.78 and closed at $19.65. Intraday prices ranged from a low of $19.65 to a high of $19.80.

The price advanced 0.26% from the previous day's close of $19.60.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Flagship Communites REIT traded under MHC-UN on the Toronto Stock Exchange (TSX).

A total of 1,035 shares was traded during the session, with total trades of 9, while having an average volume of 994 in the last five days.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, MHC-UN.TO has traded as high as $23.40 (April 02,2024) and low as $18.00 (June 17,2024). Moreover, in the last 12 months, Flagship Communites REIT's shares have eased -6.43%, while in 2024, they have dipped -6.07%.

Following today's trading, Flagship Communites REIT has a market capitalization of $770.04 million on a float of 24,985 shares outstanding. Its annual EPS is $2.84.

Flagship Communites REIT is a TSX REIT company headquartered in Erlanger, USA.

Currently, Flagship Communites REIT has an average recommendation of "Strong Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 8 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..