Shares of PulteGroup Inc. (NYSE:PHM) traded at a new 52-week high today of $59.81. This new high was reached on below average trading volume as 736,000 shares traded hands, while the average 30-day volume is approximately 3 million shares.
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 40 markets across 23 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
PulteGroup Inc. (NYSE:PHM) is currently priced 3.7% above its average consensus analyst price target of $57.09.
In the past 52 weeks, shares of PulteGroup Inc. have traded between a low of $26.09 and a high of $59.81 and is now at $59.26, which is 127% above that low price.
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