Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF) Stock Price Down 1.1% – Here’s What Happened

Flagship Communities Real Estate Investment Trust (OTCMKTS:MHCUF)’s stock price dropped 1.1% during trading on Tuesday . The stock traded as low as $17.80 and last traded at $17.80. Approximately 600 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 3,406 shares. The stock had previously closed at $18.00.

Wall Street Analyst Weigh In

Separately, TD Securities reiterated a “buy” rating on shares of Flagship Communities Real Estate Investment Trust in a research note on Friday, November 14th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Flagship Communities Real Estate Investment Trust Trading Down 1.1%

The business has a 50-day simple moving average of $18.62 and a 200-day simple moving average of $18.33.

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.