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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.