Wall Street Fundamentals Releases New In-Depth Stock Reports on HOV, KBH, MHO and RYL


Follow this company

Companies Mentioned

NYSE:HOV / NYSE:KBH / NYSE:MHO / NYSE:RYL
03/19/2014 [ACCESSWIRE]

Encouraging housing data pushed U.S. markets higher for the second consecutive session Tuesday. The Dow Jones Industrial Average gained 0.55 percent, while the S&P 500 Index gained 0.72 percent. The Commerce Department reported housing starts declined for the third consecutive month in February, but a spike in building permits shed some positive light on the U.S. housing market. The number of building permits issued jumped 7.7 percent to a seasonally adjusted 1.018 million units in February, which was significantly higher than the 1.6 percent analysts had expected.

Hovnanian Enterprises, Inc. (NYSE: HOV) shares traded in the range of $4.75 to $4.96 Tuesday before settling to close at $4.93, an increase of 4.23 percent. The stock appears to be facing some resistance at the $4.93 and $5.14 levels with some support at $4.84. Shares of Hovnanian Enterprises are down approximately 25.0 percent year-to-date.

More information on Hovnanian Enterprises and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/HOV

KB Home (NYSE: KBH) shares traded in the range of $17.13 to $17.71 Tuesday before settling to close at $17.68, an increase of 2.37 percent. The stock appears to be facing some resistance at the $17.87 and $18.31 levels with some support at $17.63 and $16.92. Shares of KB Home are down approximately 3.0 percent year-to-date.

More information on KB Home and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/KBH

M/I Homes Inc. (NYSE: MHO) shares traded in the range of $22.39 to $23.43 Tuesday before settling to close at $23.40, an increase of 3.31 percent. The stock appears to be facing some resistance at the $23.60 and $24.50 levels with some support at $23.13 and $22.22. Shares of M/I Homes are down approximately 5.0 percent year-to-date.

More information on M/I Homes and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/MHO

The Ryland Group, Inc. (NYSE: RYL) shares traded in the range of $40.20 to $41.61 Tuesday before settling to close at $41.40, an increase of 3.06 percent. The stock appears to be facing some resistance at the $41.79 and $42.23 levels with some support at $41.17 and $40.19. Shares of The Ryland Group are down approximately 5.0 percent year-to-date.

More information on The Ryland Group and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/RYL

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website:
www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

COMMENTS

Leave a comment...
 * 

Your Name
 *