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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Flagship Communites REIT opened trading today at $19.52 and closed at $19.39. It traded at a low of $19.30 to a high of $19.52.

Shares dipped -0.62 percent from the previous day's close of $19.51.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 2,101 on 16 total trades. On average, Flagship Communites REIT has traded 2,565 shares over 5 days and 1,480 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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 -11.82% in the last 52 weeks, while this year, they have eased -7.31%.

Following today's trading, Flagship Communites REIT has a market capitalization of $765.15 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..