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Closing Bell: Flagship Communites REIT up on Thursday (MHC-UN)

Automated Summaries - The Globe and Mail - Thu Jul 25, 4:01PM CDT

Today, Flagship Communites REIT shares closed at $19.88 after opening the day at $19.60. Intraday prices ranged from $19.60 to $19.88.

Share prices advanced 1.17 percent from the previous day's close of $19.65.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

A total of 10,500 shares was traded during the session, with total trades of 45, while having an average volume of 2,709 over 5 days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 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, the shares have eased -7.10 percent in 52 weeks, while this year, they have eased -4.97%.

Following today's trading, Flagship Communites REIT has a market capitalization of $766.13 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.

Currently, Flagship Communites REIT has an average recommendation of "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..