Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Sets New 1-Year High – Here’s Why

Flagship Communities Real Estate Investment Trust (TSE:MHC.UNGet Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as C$30.65 and last traded at C$30.65, with a volume of 210 shares trading hands. The stock had previously closed at C$30.15.

Flagship Communities Real Estate Investment Trust Trading Up 1.8%

The firm’s 50 day simple moving average is C$28.56 and its 200-day simple moving average is C$27.45. The stock has a market capitalization of C$597.58 million, a price-to-earnings ratio of 4.69 and a beta of 0.34.

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.

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