Toll Brothers (TOL) has been under a strong bear grip, hence the stock is down -2.27% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.13% in the past 1 week. The stock has risen by 2.3% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.8% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.61% and the 50-Day Moving Average is 2.16%.The 200 Day SMA reached 4.28%
Toll Brothers (NYSE:TOL): After opening at $29.62, the stock dipped to an intraday low of $29.37 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30 and the buying power remained strong till the end. The stock closed at $29.86 for the day, a gain of 1.01% for the day session. The total traded volume was 1,910,841. The stocks close on the previous trading day was $29.86.
Toll Brothers (TOL) : The highest short term price target forecast on Toll Brothers (TOL) is $42 and the lowest target price is $35. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $38 with a standard deviation of $2.83.
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.