Pulte Homes (NYSE:PHM) is one of today's notable stocks in decline, down 3.4% to $7.50. The S&P is trading lower by 0.2% to 1,312 and the Dow is trading 0.3% lower to 12,679.
Pulte Homes, Inc. sells and constructs homes, and purchases, develops, and sells residential land and develops active adult communities. The Company also provides mortgage financing, title insurance, and other services to home buyers. Pulte has operations in various markets across the United States and Puerto Rico.
Pulte Homes (NYSE:PHM) is currently priced 12.0% above its average consensus analyst price target of $6.60. The stock should find initial support at its 50-day moving average (MA) of $6.27 and further support at its 200-day MA of $6.20.
Pulte Homes share prices have moved between a 52-week high of $8.69 and a 52-week low of $3.29 and are now trading 128% above that low price at $7.50 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 3.1%.
