Pre-Market Review on Residential Construction: Standard Pacific, Toll Brothers, Gafisa, and Ryland Group
LONDON, November 27, 2013 /PRNewswire/ --
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The U.S. equity market posted gains on Tuesday, November 26, 2013, while the S&P 500 and the NASDAQ Composite gained 0.01%, 0.58%, respectively, the Dow Jones Industrial Average finished flat. Shares in the residential construction industry rose, tracking gains in the broader market. The major movers in the industry included Standard Pacific Corp. (NYSE: SPF), Toll Brothers Inc. (NYSE: TOL), Gafisa S.A. (NYSE: GFA), and The Ryland Group Inc. (NYSE: RYL). AAAResearchReports.com has released full comprehensive research on SPF, TOL, GFA, and RYL. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Standard Pacific Corp.'s shares rallied on Tuesday, tracking gains in the broader market. The company's shares closed at $8.16, up 3.42%, after oscillating between $7.91 and $8.28 during the trading session. A total of 7.45 million shares were traded, which is above the daily average volume of 4.52 million. The company's shares have advanced 4.21% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.38% during the same period. Further, Standard Pacific Corp.'s stock is trading above its 50-day moving average of $7.80. Download free report on SPF upon registration at:
http://www.AAAResearchReports.com/SPF112713.pdf
On Tuesday, Toll Brothers Inc.'s stock rallied 3.47%, closing the day at $34.88 after fluctuating between $33.90 and $35.09 during the trading session. A total of 4.69 million shares were traded, which is above the daily average volume of 3.60 million. The company's shares have advanced 10.98% in the previous three months and 3.16% in the last one month, outperforming the S&P 500, which has gained 8.81% and 2.44% during the same period. Moreover, Toll Brothers Inc.'s stock is trading above its 50-day and 200-day moving averages of $32.59 and $33.27, respectively. TOL technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/TOL112713.pdf
Gafisa S.A.'s stock advanced on Tuesday, finishing at an intra-day high of $2.98, which is 1.02% higher than the previous day's closing price of $2.95. The company's shares oscillated between $2.79 and $2.98 during the trading session. A total of 2.18 million shares were traded, which is above the daily average volume of 1.66 million. Gafisa S.A.'s shares have gained 24.17% in the previous three months and 8.76% in the last three trading sessions, outperforming the S&P 500, which has gained 8.81% and 0.38% during the respective periods. However, the company's stock is trading below its 50-day and 200-moving averages of $2.99 and $3.26, respectively. The free report on GFA can be downloaded by signing up now at:
http://www.AAAResearchReports.com/GFA112713.pdf
Shares in The Ryland Group Inc. surged 5.59% on Tuesday, ending the day at $40.02, after fluctuating between $38.29 and $40.34 during the trading session. A total of 2.10 million shares were traded, which is above the daily average volume 1.45 million. The company's shares have advanced 2.12% in the previous three trading sessions and 13.82% in the last three months, compared to a gain of 0.38% and 8.81% in the S&P 500 during the respective periods. Additionally, The Ryland Group Inc.'s stock is trading above its 50-day moving average of $39.82. A free report on RYL can be accessed by registering at:
http://www.AAAResearchReports.com/RYL112713.pdf
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