Stock Investors Bid Up Shares of NVR Inc, Up 2.1%

Published on Tue, 04/21/2015 - 11:35
By Adrienne Chilton in Market movers, NVR, market movers, nvr inc, nyse:nvr

One of today's notable stocks on the rise is NVR Inc (NYSE:NVR), up 2.1% to $1339.09. The S&P is trading fractionally higher to 2,102 and the Dow is trading 0.2% lower to 17,994.

NVR Inc (NYSE:NVR) is currently priced 19.6% above its average consensus analyst price target of $1076.00. The stock should find initial support at its 50-day moving average (MA) of $1334.71 and further support at its 200-day MA of $1228.63.

In the past 52 weeks, NVR Inc share prices have been bracketed by a low of $1027.00 and a high of $1377.76 and are now at $1339.09, 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.2%.

NVR, Inc. builds and markets homes and conducts mortgage banking activities. The Company builds single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and other tradenames. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations.

By Adrienne Chilton
achilton@fnno.com

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