Large Outflow of Money Witnessed in Toll Brothers

Toll Brothers (TOL) : Net money flow in Toll Brothers (TOL) was negative ($1.65 million) and the inflow of money on uptick was $2.92 million, whereas, the outflow of money on downticks amounted to $4.57 million on Friday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.64. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $0.71 million. On the other hand, the total value of block trades done on downticks was $2.19 million. The ratio of uptick to downtick block trades was 0.32. The money flow in block trades was negative ($1.48). Toll Brothers (TOL) gained $0.09 cent during the day and reached $28.09, a gain of 0.32% over the previous day.


Toll Brothers (TOL) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $42 and the lowest price target forecast is $29. The average forecast of all the analysts is $35.43 and the expected standard deviation is $5.19.

Toll Brothers (NYSE:TOL): stock turned positive on Friday. Though the stock opened at $28.04, the bulls momentum made the stock top out at $28.3 level for the day. The stock recorded a low of $27.73 and closed the trading day at $28.28, in the green by 1.00%. The total traded volume for the day was 2,326,646. The stock had closed at $28 in the previous days trading.

In a related news, Marbach Carl B, director of Toll Brothers Inc, unloaded 3,000 shares at an average price of $29.12 on May 26, 2016. The total amount of the transaction was worth $87,360, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

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