Closing Bell: Flagship Communities Real Estate Investm down on Friday (MHC-U)

In market activity today, shares of Flagship Communities Real Estate Investm opened at $14.22 and closed at $14.00. Intraday prices ranged from $14.00 to $14.32.

Share prices slipped -1.41 percent from the previous day's close of $14.20.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed -0.88% at 5584.54, the Dow Jones Industrial Average closed 0.08% at 39753.75 and the Nasdaq Composite closed -1.95% at 18283.41.

Flagship Communities Real Estate Investm has listed on the Toronto Stock Exchange (TSX) under the ticker MHC-U.

Trading volume was 15,063 on 57 total trades. On average, Flagship Communities Real Estate Investm has traded 11,020 shares in the last five days and 16,826 year-to-date.

The TSX market on the whole today saw 3,781 price advancers against 1,454 declines and 97 unchanged.

During the prior 52 weeks, MHC-U.TO has traded as high as $17.33 (April 02,2024) and low as $13.02 (June 17,2024). Moreover, the shares have decreased -13.53 percent in the last 12 months, while they have dipped -12.23% since the start of 2024.

It announced a 0.05 dividend on June 14/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Flagship Communities Real Estate Investm has a market capitalization of $555.46 million on a float of 24,985 shares outstanding. Its annual EPS is $2.84.

Flagship Communities Real Estate Investm is a TSX REIT company headquartered in Erlanger, USA.

Currently, Flagship Communities Real Estate Investm's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. Currently, there are for the stock.

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..