Consumer Discretionary Equities Under the Scanner -- Research on Gafisa, Ryland Group, Beazer Homes USA, and Meritage Homes
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LONDON, March 24, 2014 /PRNewswire/ --
On Friday, March 21, 2014, the NASDAQ Composite finished at 4,276.79, down 0.98%. The Dow Jones Industrial Average closed the session at 16,302.77, down 0.17% and the S&P 500 ended the day at 1,866.52, lower by 0.29%. Four out of ten sectors ended the session in negative. The S&P 500 Consumer Discretionary Sector Index finished the day at 521.16, down 0.64%, whereas, the index has advanced 0.35% in the last one month. Investor-Edge has initiated coverage on the following equities: Gafisa S.A. (NYSE: GFA), The Ryland Group Inc. (NYSE: RYL), Beazer Homes USA Inc. (NYSE: BZH) and Meritage Homes Corp. (NYSE: MTH). Free technical research on GFA, RYL, BZH and MTH can be downloaded upon signing up at:
http://www.investor-edge.com/444-register
On Friday, Gafisa S.A.'s stock advanced 0.71% to close at $2.83. A total of 0.73 million shares were traded, which is below the three months average volume of 1.36 million. The stock oscillated between $2.78 and $2.86 during the trading session. Gafisa S.A.'s shares have fallen by 9.58% on YTD basis, while the same has advanced 6.79% each in the previous three trading sessions and in the last one month. The stock is trading above its 50-day and 200-day moving averages. Gafisa S.A.'s 200-day moving average of $2.81 is trading above the 50-day moving average of $2.76. Furthermore, the stock is trading at an RSI of 54.84. Sign up today to read free research on GFA at:
http://www.investor-edge.com/444-GFA-24Mar2014.pdf
The Ryland Group Inc.'s stock recorded a trading volume of 3.30 million shares, as compared with a three months average volume of 1.18 million shares. The stock ended the day at $38.95, down 4.13% after vacillating between $38.74 and $40.96. Shares of the company traded at a PE ratio of 5.70. The Ryland Group Inc.'s shares have declined 5.92% in the previous three trading sessions, 9.52% in the last one month and 10.27% on YTD basis. Further, the company's stock is trading below its 50-day and 200-day moving averages. The Ryland Group Inc.'s 50-day moving average of $42.95 is trading above the 200-day moving average of $40.32. Additionally, shares of the company are trading at an RSI of 32.18. Sign up today to read free research on RYL at:
http://www.investor-edge.com/444-RYL-24Mar2014.pdf
On Friday, shares in Beazer Homes USA Inc. finished the session 0.73% higher at $20.65. The stock recorded trading volume of 0.81 million shares as compared to a three months average volume of 0.75 million shares. The stock fluctuated between $20.43 and $20.72 during the session. Beazer Homes USA Inc.'s stock has advanced 0.39% in the previous three trading sessions while the same has declined 3.91% in the last one month and 15.44% on YTD basis. The stock is trading above its 200-day moving average. Beazer Homes USA Inc.'s 50-day moving average of $21.86 is trading above the 200-day moving average of $19.60. Moreover, the stock is trading at an RSI of 40.96. Sign up today to read free research on BZH at:
http://www.investor-edge.com/444-BZH-24Mar2014.pdf
Shares in Meritage Homes Corp. reported a trading volume of 0.75 million shares, as compared with a three months average volume of 0.65 million shares. The stock ended the day at $41.62, down 0.50% and at an intraday range of $41.27 and $42.32. Shares of the company traded at a PE ratio of 12.57. Meritage Homes Corp.'s shares have declined 4.41% in the previous three trading sessions, 11.93% in the last one month and 13.27% on YTD basis. The stock is trading below its 50-day and 200-day moving averages. Meritage Homes Corp.'s 50-day moving average of $45.96 is trading above the 200-day moving average of $44.11. Furthermore, the stock is trading at a Relative Strength Index (RSI) of 32.72. Sign up today to read free research on MTH at:
http://www.investor-edge.com/444-MTH-24Mar2014.pdf
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