D.R. Horton (DHI) : $2.25 million worth of transactions were on upticks in D.R. Horton (DHI), compared to $1.25 million on downticks. The ratio between the two was 1.79, whereas, the net money flow stood at a healthy $1 million on Mondays session. The consistent buying on upticks in the stock accounted for $1.18million worth of trades. The total money flow into the stock stood at $1.18 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.41%. The stock was trading at $33.66, with a drop of $0.14 over the previous days close. The stock recorded -0.47% for the week.
DR Horton Inc. is up 8.41% in the last 3-month period. Year-to-Date the stock performance stands at 6.61%. Shares of DR Horton Inc. rose by 0.27% in the last five trading days and 11.17% for the last 4 weeks. In a related news, The Securities and Exchange Commission has divulged that Murray Michael J, officer (EVP and COO) of Horton D R Inc /De/, had unloaded 2,944 shares at an average price of $30.34 in a transaction dated on May 2, 2016. The total value of the transaction was worth $89,321.
D.R. Horton (NYSE:DHI): stock turned positive on Monday. Though the stock opened at $33.92, the bulls momentum made the stock top out at $34.02 level for the day. The stock recorded a low of $33.63 and closed the trading day at $33.95, in the green by 0.44%. The total traded volume for the day was 2,205,488. The stock had closed at $33.8 in the previous days trading.
D.R. Horton, Inc. is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes. The Company operates through two segments: homebuilding and financial services operation. The Company designs, builds and sells single-family detached homes on lots it develops and on fully developed lots purchased ready for home construction. To a lesser extent, the Company builds and sells attached homes, such as town homes, duplexes, triplexes and condominiums. The Company sells land and lots to other developers and homebuilders where it has excess land and lot positions or for other strategic reasons.