Today’s Research Coverage Scans Stocks on the Residential Construction Industry

LONDON, UK / ACCESSWIRE / June 9, 2016 / ActiveWallSt.com announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Residential Construction industry. Companies recently under review include PulteGroup, DR Horton, KB Home, and Toll Brothers. Register with us now for your free membership and see our complete reports on these equities at:

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Today, ActiveWallSt.com is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

The Residential Construction industry remains robust despite a dip in the apartment subindex in May 2016. There are in fact signs of a pickup, which is why ActiveWallSt.com is closely monitoring how these are affecting some of the big names in the industry. Know more about these equities by signing up for your complimentary research reports at:

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Let us take a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

PulteGroup Inc. (NYSE: PHM)

Atlanta, Georgia headquartered PulteGroup Inc.’s shares rose 1.70% and finished Wednesday’s trading session at $19.70. A total volume of 5.45 million shares was traded. In the last month and the previous three months, the stock has advanced 8.29% and 9.73%, respectively. Additionally, the Company’s shares have gained 11.64% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.55% and 8.70%, respectively. Moreover, shares of PulteGroup, which through its subsidiaries, engages primarily in the homebuilding business in the U.S., have a Relative Strength Index (RSI) of 72.56.

DR Horton Inc. (NYSE: DHI)

On Wednesday, shares in Fort Worth, Texas-based homebuilding Company, DR Horton Inc., recorded a trading volume of 3.22 million shares, and ended the session 1.30% higher at $32.00. The stock has gained 8.40% in the last one month, 14.35% over the previous three months, and 0.48% since the start of this year. The Company’s shares are trading 5.43% above their 50-day moving average and 8.01% above their 200-day moving average. Furthermore, shares of DR Horton have an RSI of 72.27.

KB Home (NYSE: KBH)

Shares in Los Angeles, California headquartered KB Home, which operates as a homebuilding Company in the U.S., closed the day at $14.67, gaining 1.03%. The stock recorded a trading volume of 2.54 million shares. The Company’s shares have advanced 12.24% in the last one month, 10.67% over the previous three months, and 19.47% on an YTD basis. The stock is trading 6.51% above their 50-day moving average and 12.19% above their 200-day moving average. Additionally, shares of KB Home have an RSI of 70.63.

Toll Brothers Inc. (NYSE: TOL)

At the closing bell yesterday, shares in Horsham, Pennsylvania-based Toll Brothers Inc. , which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities, ended 0.57% higher at $29.75. A total volume of 2.58 million shares was traded, which was above their three months average volume of 2.55 million shares. The stock has advanced 11.59% in the last one month and 7.79% in the previous three months. The Company’s shares are trading above their 50-day moving average by 4.82%. Furthermore, shares of Toll Brothers have an RSI of 65.32.

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