Forestar Group (FOR) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Forestar Group (FOR) experienced unusually high volume on Dec. 21, as the stock lost 0.56% to a closing price of $10.72. The stock saw 713,081 shares trade hands over the course of the day on 2,114 trades. Given that the stock’s average daily volume over the last month has been 338,541 shares a day, this represents a pretty substantial spike over the norm.

Forestar Group has a P/B ratio of 0.71. The stock has traded between $16.35 and $10.53 over the last 52-weeks, its 50-day SMA is now $13.29, and its 200-day SMA $13.73.

Forestar Group Inc is a real estate and oil and gas company. The Company owns 113,000 acres of real estate including about 102,000 acres with timber. It also has 960,000 net acres of oil and gas mineral interests in the continental U.S.

Headquartered in Austin, TX, Forestar Group has 150 employees and is currently under the leadership of CEO Phillip J. Weber.

For a complete fundamental analysis analysis of Forestar Group, check out Equities.com’s Stock Valuation Analysis report for FOR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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