Toll Brothers (TOL) Shares are Up 3.21%

Toll Brothers (TOL) has been under a strong bear grip, hence the stock is down -0.26% 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 2.58% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.21% in the last 1 week, and is up 6.48% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Toll Brothers (NYSE:TOL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.04 and $27.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.30. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.28, notching a gain of 1.00% for the day. The total traded volume was 2,326,646 . The stock had closed at $28.00 on the previous day.


The stock has recorded a 20-day Moving Average of 3.81% and the 50-Day Moving Average is 2.02%. Toll Brothers Inc. has dropped 2.65% during the last 3-month period . Year-to-Date the stock performance stands at -15.08%.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.