StockCall.com Provides Stock Research on Standard Pacific Corp., Toll Brothers Inc., Gafisa S.A., MDC Holdings Inc., and Ryland Group Inc.
New York City, New York -- (May 29, 2013)
The housing market in the U.S. is continuing to see a strong recovery as evidenced by better-than-expected data released on Tuesday, May 28, 2013. A report from S&P/Case-Shiller released yesterday showed that home prices in 20 U.S. cities rose 10.9% on a year-over-year basis in March. The data highlights the fact that record low mortgage rates and significant pent-up demand are having a positive impact on the housing market. With interest rates in the U.S. expected to remain at record low levels, the recovery in the housing market is expected to continue. However, despite the strong data shares in residential construction companies, which have been the biggest beneficiaries of the housing market recovery, struggled on Tuesday even as the broad market posted strong gains. The major movers in the sector included Standard Pacific Corp. (NYSE: SPF), Toll Brothers Inc. (NYSE: TOL), Gafisa S.A. (ADR) (NYSE: GFA), M.D.C. Holdings Inc. (NYSE: MDC), and The Ryland Group Inc. (NYSE: RYL). StockCall has released full comprehensive research on SPF, TOL, GFA, MDC, and RYL and these free technical analyses can be downloaded by signing up at
Shares in Standard Pacific Corp. fell sharply on Tuesday, closing at $9.52, down 1.65% from previous trading session’s closing price. A total of 5.20 million shares were traded which is below the daily average volume of 6.11 million. However, despite the pullback, the company’s shares have gained over 1.70% in the last three sessions. The stock is also trading close to its 52-week high of $9.97. Free technical analysis on SPF available by signing up at
Toll Brothers Inc.’s stock also slipped on Tuesday, closing 1.03% lower at $36.37 after trading between $35.87 and $37.75. A total of 3.89 million shares were traded which is below the daily average volume of 4.25 million. The company’s shares have gained 12.50% so far in 2013, underperforming the S&P 500. The stock is currently trading above its 50- and 200-day moving averages. Register today and access the free research on TOL at
Shares in Gafisa S.A. slipped yesterday even as the broader market rallied. The stock closed 2.08% lower at $3.76 after trading between $3.76 and $3.91. A total of 853,878 shares were traded which is well below the daily average volume of 1.67 million. However, despite the sharp decline, the company’s shares have grown nearly 2.20% in the last three trading sessions. The free report on GFA can be downloaded by signing up now at
M.D.C. Holdings Inc.’s stock ended slightly higher on Tuesday, closing at $39.14, up 0.20% from previous session’s closing price. A total of 619,117 shares were traded yesterday which is below the daily average volume of 853,999. Shares of MDC have gained 1.35% in the last three sessions. So far this year, the stock has grown nearly 6.50%, underperforming the S&P 500. Free report on MDC can be accessed by registering at
Shares in The Ryland Group Inc. fell yesterday, closing 1.77% lower at $47.60 after trading between $47.13 and $49.85. A total of 1.55 million shares were traded which is above the daily average volume of 1.34 million. The company’s shares have gained over 30.50% so far in 2013, outperforming the S&P 500. The stock is currently trading nearly 5.60% below its 52-week high.Register withStockCall and download the research on RYL for free at
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William T. Knight
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