Sun Reaches New 52-Week High (SUI)

NEW YORK ( TheStreet) -- Sun Communities (NYSE: SUI) hit a new 52-week high Monday as it is currently trading at $44.13, above its previous 52-week high of $44.10 with 45,040 shares traded as of 11:30 a.m. ET. Average volume has been 208,000 shares over the past 30 days.

Sun has a market cap of $1.14 billion and is part of the financial sector and real estate industry.

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.

TheStreet Ratings rates Sun as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full Sun Ratings Report.

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