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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In market activity today, shares of Flagship Communites REIT opened at $19.40 and closed at $19.14. It traded at a low of $19.14 to a high of $19.40.

Share prices dipped -1.29% from the previous day's close of $19.39.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

Trading volume was 2,000 on 14 total trades. On average, Flagship Communites REIT has traded 2,940 shares in the last five days and 1,484 year-to-date.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 52 weeks, Flagship Communites REIT's shares have dipped -12.96 percent, while this year, they have eased -8.51%.

Following today's trading, Flagship Communites REIT has a market capitalization of $764.70 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.

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..