Sun Stock Hits New 52-Week High (SUI)

NEW YORK ( TheStreet) -- Sun Communities (NYSE: SUI) hit a new 52-week high Friday as it traded at $35.21 compared with its previous 52-Week high of $35.11. Sun is changing hands at $35.21 with 10,700 shares traded as of 10:54 a.m. ET. Average volume has been 99,300 shares over the past 30 days.

Sun has a market cap of $723.4 million and is part of the financial sector and real estate industry. Shares are up 4.6% year to date as of the close of trading on Thursday.

Sun Communities, Inc. operates as a real estate investment trust (REIT). It owns, operates, and develops manufactured housing communities in the midwestern, southern, and southeastern United States.
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TheStreet Ratings rates Sun as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Sun Ratings Report.

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