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

In market activity today, shares of Flagship Communites REIT opened at $19.70 and closed at $19.55. Intraday prices ranged from a low of $19.55 to a high of $20.07.

Shares dipped -1.76 percent from the previous day's close of $19.90.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 9,700 shares was traded during the last trading day, with total trades of 58, with an average volume of 4,752 in the last five days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 dipped -10.69 percent, while in 2024, they have eased -6.55%.

Following today's trading, Flagship Communites REIT has a market capitalization of $772.09 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.

Flagship Communites REIT's average recommendation is "Strong Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 8 have buy ratings.

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