Watch for Continued Gains in Shares of DR Horton (DHI)

Published on Thu, 02/19/2015 - 15:34
By Adrienne Chilton in 52 Week high-lows, DHI, 52 week high/lows, dr horton, nyse:dhi

DR Horton (NYSE:DHI) traded today at a new 52-week high of $27.46. Approximately 2.5 million shares have changed hands today, as compared to an average 30-day volume of 8.4 million shares.

D.R. Horton, Inc. constructs and sells single-family homes designed primarily for the entry-level and move-up markets. The Company operates in the Midwest, Mid-Atlantic, Southeast, Southwest, and Western regions of the United States. D.R. Horton also, through its financial services operations, provide mortgage financing and title agency services to homebuyers.

In the past 52 weeks, DR Horton share prices have been bracketed by a low of $19.29 and a high of $27.46 and are now at $27.45, 42% above that low price. The 200-day and 50-day moving averages have moved 0.19% higher and 0.40% higher over the past week, respectively.

Based on a current price of $27.45, DR Horton is currently 4.0% above its average consensus analyst price target of $26.34. The stock should discover initial support at its 50-day moving average (MA) of $24.96 and subsequent support at its 200-day MA of $23.23.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Shares of Veeco Instruments Fall to a Ne...

Veeco Instruments (NASDAQ:VECO) traded today at a new 52-week low of $25.28. This new ...

Watch for Continued Losses in Shares of ...

Unit Corp (NYSE:UNT) traded at a new 52-week low today of $19.01. So far today approxi ...

Watch for Continued Gains in Shares of U...

Shares of Unilever (NYSE:UN) traded at a new 52-week high today of $45.88. Approximate ...

Shares of Unilever Have Risen Above Prev...

Shares of Unilever (NYSE:UL) traded at a new 52-week high today of $45.98. This new hi ...

Shares of Unisys Fall Below Previous 52-...

Unisys (NYSE:UIS) traded at a new 52-week low today of $15.56. So far today approximat ...

Net 1 UEPS Technologies Looks to Continu...

Net 1 UEPS Technologies (NASDAQ:UEPS) traded at a new 52-week high today of $20.37. Ap ...

UBS Looks to Continue to Trade Above its...

UBS (NYSE:UBS) traded today at a new 52-week high of $23.19. Approximately 1.9 million ...

Shares of Texas Roadhouse Rise Above Pre...

Shares of Texas Roadhouse (NASDAQ:TXRH) traded today at $40.22, breaking its 52-week hi ...