Shares of PulteGroup Inc. (NYSE:PHM) traded today at $60.37, eclipsing its 52-week high. This new high was reached on below average trading volume as 372,000 shares traded hands, while the average 30-day volume is approximately 2.9 million shares.
PulteGroup Inc. (NYSE:PHM) is currently priced 4.7% above its average consensus analyst price target of $57.09.
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.
In the past 52 weeks, shares of PulteGroup Inc. have traded between a low of $26.09 and a high of $60.37 and is now at $59.91, which is 130% above that low price.
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