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

Today during trading, Flagship Communities Real Estate Investm opened at $14.16 and closed at $13.90. Intraday prices ranged from $13.86 to $14.16.

Shares dipped -1.70 percent from the previous day's close of $14.14.

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

A total of 29,745 shares was traded during the session, with total trades of 76, with an average volume of 23,613 in the last five days.

Trading across the entire TSX saw 1,858 price advancers against 3,319 declines and 108 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 dipped -13.66% in the last year, while in 2024, they have dipped -12.85%.

It announced a 0.05 dividend on July 15/24, with an July 31/24 ex-date and August 15/24 pay day.

Following today's trading, Flagship Communities Real Estate Investm has a market capitalization of $550.77 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..