Toll Brothers (TOL) has risen sharply, recording gains of 10.42% in the past 4 weeks. However, the stock has corrected -0.07% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 10.57% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.29% and the 50-Day Moving Average is 8.52%.The 200 Day SMA reached 4.93%. Toll Brothers Inc. is up 6.41% in the last 3-month period. Year-to-Date the stock performance stands at -7.75%.
Toll Brothers (NYSE:TOL): After opening at $30.82, the stock dipped to an intraday low of $30.565 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $31.14 and the buying power remained strong till the end. The stock closed at $30.72 for the day, a gain of 0.33% for the day session. The total traded volume was 2,471,595. The stocks close on the previous trading day was $30.62.
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.