Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Trading Up 0.3% – Time to Buy?

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) shares rose 0.3% during trading on Wednesday . The company traded as high as $16.15 and last traded at $16.15. Approximately 650 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 5,733 shares. The stock had previously closed at $16.10.

Analyst Upgrades and Downgrades

Separately, TD Securities initiated coverage on Flagship Communities Real Estate Investment Trust in a report on Friday, March 7th. They set a “buy” rating on the stock.

Flagship Communities Real Estate Investment Trust Trading Up 0.3 %

The business’s 50-day simple moving average is $15.73 and its two-hundred day simple moving average is $15.30.

Flagship Communities Real Estate Investment Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.0517 per share. The ex-dividend date was Monday, March 31st.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.