UMH Properties Inc. (NYSE:UMH) traded at a new 52-week high today of $21.58. Approximately 66,000 shares have changed hands today, as compared to an average 30-day volume of 319,000 shares.
UMH Properties Inc. (NYSE:UMH) is currently priced 3.8% above its average consensus analyst price target of $20.74.
UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities – leasing manufactured homesites to private manufactured home owners. It also leases homes to residents. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from leasing, brokerage, and appreciation. It is located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan, and Maryland.
In the past 52 weeks, shares of UMH Properties Inc. have traded between a low of $10.32 and a high of $21.58 and is now at $21.56, which is 109% above that low price.
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