Sun Stock Hits New 52-Week High (SUI)

NEW YORK ( TheStreet) -- Sun Communities (NYSE: SUI) hit a new 52-week high Tuesday as it is currently trading at $38.96, above its previous 52-week high of $38.95 with 66,275 shares traded as of 3:36 p.m. ET. Average volume has been 89,400 shares over the past 30 days.

Sun has a market cap of $787.4 million and is part of the financial sector and real estate industry. Shares are up 14% year to date as of the previous trading day's close.

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, revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including poor profit margins and weak operating cash flow. You can view the full Sun Ratings Report.

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