Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Purchases C$30,700.00 in Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Louis Marie Forbes purchased 2,000 shares of Flagship Communities Real Estate Investment Trust stock in a transaction that occurred on Wednesday, April 24th. The shares were bought at an average price of C$15.35 per share, with a total value of C$30,700.00.

Flagship Communities Real Estate Investment Trust Trading Up 0.0 %

MHC.UN stock traded up C$0.01 during trading on Thursday, hitting C$20.66. 500 shares of the company traded hands, compared to its average volume of 944. The stock’s 50-day moving average is C$21.72. The firm has a market capitalization of C$292.13 million and a P/E ratio of 4.92. Flagship Communities Real Estate Investment Trust has a 1 year low of C$19.76 and a 1 year high of C$23.40.

Wall Street Analyst Weigh In

Separately, Raymond James lifted their price target on Flagship Communities Real Estate Investment Trust from C$20.00 to C$20.50 and gave the company an “outperform” rating in a research report on Monday, January 8th.

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.