Elme Communities (ELME): A Bull Case Theory

We came across a bullish thesis on Elme Communities on Valueinvestorsclub.com by Rulon Gardner. In this article, we will summarize the bulls’ thesis on ELME. Elme Communities's share was trading at $16.93 as of September 18th. ELME’s trailing P/E was 38.57 according to Yahoo Finance. Photo by Owen Lystrup on Unsplash Elme Communities (ELME), formerly Washington REIT, has opted for a full liquidation following years of underwhelming shareholder returns. The company announced the sale of 19 properties to ...