Sun Communities rated a ‘hold’ in S&P report

Sun_Communities_Logo_posted_Manufactured_Home_Marketing_Sales_Management_MHMSM.com_MHProNews.com_.pngMarketIntelligenceCenter reports that Sun Communities (NYSE:SUI) closed Thursday’s positive trading session at $35.12. In the past 12 months, Sun’s stock hit a 52-week low of $26.80 and a 52-week high of $40.21. Sun Communities’ stock has showed support around $32.12, but has had resistance in the $37.46 range. Technical indicators for the stock are bearish. S&P gives Sun Communities a neutral 3 stars out of 5, or a ‘hold’ rating. Sun Communities has a current annual dividend yield of 7.30%.

(Graphic credit: Sun Communities Logo)

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