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

Wolverine World Wide Looks to Continue t...

Wolverine World Wide (NYSE:WWW) traded today at a new 52-week high of $32.42. Approxim ...

Recent 52-Week Low Surpassed in Shares o...

Windstream (NASDAQ:WIN) traded at a new 52-week low today of $7.36. So far today appro ...

Verint Systems: The Winning Streak Conti...

Shares of Verint Systems (NASDAQ:VRNT) traded today at $63.48, breaking its 52-week hig ...

Watch for Continued Losses in Shares of ...

Shares of Vivo Participacoes (NYSE:VIV) traded today at $14.66, breaking its 52-week lo ...

Shares of Vascular Solutions Have Risen ...

Vascular Solutions (NASDAQ:VASC) traded at a new 52-week high today of $31.35. Approxi ...

Titan International: The Losing Streak C...

Shares of Titan International (NYSE:TWI) traded at a new 52-week low today of $8.77. T ...

Tim Participacoes: The Losing Streak Con...

Shares of Tim Participacoes (NYSE:TSU) traded today at $16.29, breaking its 52-week low ...

Tidewater: The Losing Streak Continues (...

Tidewater (NYSE:TDW) traded today at a new 52-week low of $19.75. So far today approxi ...