Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Stock Price Up 1.1% – What’s Next?

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) shares rose 1.1% on Friday . The company traded as high as $18.20 and last traded at $18.20. Approximately 200 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 4,801 shares. The stock had previously closed at $18.00.

Analyst Ratings Changes

Separately, TD Securities initiated coverage on shares of 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 1.1%

The stock’s fifty day moving average price is $17.02 and its 200 day moving average price is $15.81.

Flagship Communities Real Estate Investment Trust Dividend Announcement

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

About Flagship Communities Real Estate Investment Trust

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.