The stock’s 200-day moving average is $61.60 with a 50-day moving average of $66.18. The 52-week high is $69.86. It closed at $69.70 yesterday, Feb. 22 after a steady upward trajectory over the last 200 days. The company has a market cap of $5.87 billion and a P/E ratio of 45.26.
In its last quarterly earnings report for Q4 2015, ELS missed analysts expectations by one penny per share, but had revenue of $12.69 million more than analysts consensus estimates.
As MHProNews knows, ELS has a controlling interest in over 370 manufactured home and recreational vehicle communities comprised of 140,000 plus home sites in 32 states and British Columbia, Canada. It is a real estate investment trust (REIT). ##
(Graphic credit: hilltopmhc–ELS 200-day moving average)
