Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Trading Down 0.5% – Here’s Why

Flagship Communities Real Estate Investment Trust (TSE:MHC.UNGet Free Report) shares dropped 0.5% during trading on Wednesday . The company traded as low as C$27.45 and last traded at C$27.50. Approximately 401 shares traded hands during trading, a decline of 88% from the average daily volume of 3,327 shares. The stock had previously closed at C$27.63.

Flagship Communities Real Estate Investment Trust Trading Down 0.5%

The business has a fifty day simple moving average of C$26.74 and a 200 day simple moving average of C$26.66. The stock has a market capitalization of C$533.56 million, a P/E ratio of 4.19 and a beta of 0.38.

Flagship Communities Real Estate Investment Trust Company Profile

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Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential MHCs primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois.

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