Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Trading Down 0.5% – Should You Sell?

Shares of Flagship Communities Real Estate Investment Trust (TSE:MHC.UNGet Free Report) traded down 0.5% during mid-day trading on Friday . The company traded as low as C$27.00 and last traded at C$27.00. 700 shares changed hands during trading, a decline of 85% from the average session volume of 4,554 shares. The stock had previously closed at C$27.13.

Flagship Communities Real Estate Investment Trust Stock Performance

The stock has a fifty day moving average of C$26.84 and a 200 day moving average of C$26.02. The company has a market capitalization of C$523.85 million, a P/E ratio of 5.50 and a beta of 0.36.

About Flagship Communities Real Estate Investment Trust

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Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets, all of which are located in The United States. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions.

Further Reading

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