The above-named’s Equity LifeStyle Properties, Inc. (NYSE:ELS) reached a new day high of $71.81 in yesterday’s trading, after hitting an intraday low of $69.87, according to fidaily. The 685,512 shares that traded hands resulted in the stock resting at day’s end at $71.54.

The 50-day moving average of $66.41 is only slightly higher than the 200-day average, of $61.75; the 50-day average is up by +%7.72 and the 200-day by $9.79.

Earnings per share (EPS) is expected to hit $3.24 this year, and $3.44 next year. Next quarter EPS is projected at $0.75. There are currently 84,253,000 outstanding shares.

MHProNews has watched the share price of ELS climb from $40.72 on July 16, 2013 after the two-for-one stock split on July 15, 2013 to $71.54.

As MHProNews knows ELS has a controlling interest in over 370 manufactured home and recreational vehicle communities in 32 states and British Columbia, Canada, comprising 143,000 home sites. The company is a real estate investment trust (REIT). ##

(Photo credit: forbes–Sam Zell)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.