Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Reaches New 12-Month High – Still a Buy?

Flagship Communities Real Estate Investment Trust (TSE:MHC.UNGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as C$32.50 and last traded at C$32.50, with a volume of 8730 shares changing hands. The stock had previously closed at C$29.50.

Flagship Communities Real Estate Investment Trust Stock Up 2.2%

The business’s 50-day simple moving average is C$29.38 and its two-hundred day simple moving average is C$27.68. The firm has a market cap of C$584.97 million, a price-to-earnings ratio of 4.59 and a beta of 0.35.

About Flagship Communities Real Estate Investment Trust

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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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