Heavy Trading On Sun Communities (SUI) Before Market Open

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Trade-Ideas LLC identified Sun Communities ( SUI) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Sun Communities as such a stock due to the following factors:

  • SUI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.2 million.
  • SUI traded 30,100 shares today in the pre-market hours as of 7:50 AM, representing 18.8% of its average daily volume.

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More details on SUI:

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. The stock currently has a dividend yield of 5.1%. SUI has a PE ratio of 115.7. Currently there are 2 analysts that rate Sun Communities a buy, 1 analyst rates it a sell, and none rate it a hold.

The average volume for Sun Communities has been 173,800 shares per day over the past 30 days. Sun has a market cap of $2.1 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.81 and a short float of 3.3% with 7.61 days to cover. Shares are up 21.6% year-to-date as of the close of trading on Tuesday.

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