Toll Brothers (NYSE:TOL), a company whose shares are moving quickly, is trading 1.7% lower to $30.26. The S&P is trading fractionally higher to 1,420 and the Dow is trading 0.2% higher to 13,185.
Toll Brothers has overhead space with shares priced $30.26, or 14.4% below the average consensus analyst price target of $35.36. The stock should hit resistance at its 50-day moving average (MA) of $33.28, as well as support at its 200-day MA of $28.82.
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.
Over the past year, Toll Brothers has traded in a range of $18.95 to $37.08 and is now at $30.26, 60% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.7%.