ELS Stock Hits 52-Week High on Wall Street

June 17, 2011 by   - () Leave a Comment

Equity Lifestyle Properties Inc.  stock hit a new 52-week high today (June 17) as it is currently trading at $63.59, above its previous 52-week high of $63.27 with 505,261 shares traded as of 3:51 p.m. ET. Average volume has been 261,400 shares over the past 30 days, The Street reported.

Equity Lifestyle has a market cap of $1.9 billion and is part of the financial sector and real estate industry. Shares are up 11.3% year to date as of the close of trading on Thursday.

Equity LifeStyle Properties Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties–manufactured housing and RV communities. The company has a P/E ratio of 44.8, equal to the average real estate industry P/E ratio and above the S&P 500 P/E ratio of 17.7.


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