UMH Properties Inc. (NYSE:UMH) traded at a new 52-week high today of $21.99. Approximately 83,000 shares have changed hands today, as compared to an average 30-day volume of 314,000 shares.
Based on a current price of $21.90, UMH Properties Inc. is currently 3.0% above its average consensus analyst price target of $21.24.
In the past 52 weeks, UMH Properties Inc. share prices are bracketed by a low of $10.32 and a high of $21.99 and is now at $21.90, 112% above that low price.
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.
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