Toll Brothers (NYSE:TOL) is one of today's biggest movers, up 1.5% to $31.75. The Dow Jones Industrial Average is now trading fractionally lower to 12,925 and the S&P is trading 0.2% higher to 1,405.
In the past 52 weeks, Toll Brothers share prices have been bracketed by a low of $20.63 and a high of $37.08 and are now at $31.75, 54% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has declined 0.5%.
Toll Brothers has overhead space with shares priced $31.75, or 6.9% below the average consensus analyst price target of $34.09. The stock should find resistance at its 50-day moving average (MA) of $32.22, as well as support at its 200-day MA of $29.56.
Toll Brothers, Inc. builds luxury homes, serving both move-up and empty nester buyers in several regions of the United States. The Company builds customized single and attached homes, primarily on land that it develops and improves. Toll Brothers also operates its own architectural, engineering, mortgage, title, security, landscape, insurance brokerage, and manufacturing operations.