PulteGroup Inc. (PHM) is Trading Lower on Unusual Volume for December 21

Equities Staff |

PulteGroup Inc. (PHM) experienced unusually high volume on Dec. 21, as the stock lost 2.37% to a closing price of $17.33. The stock saw 11.04 million shares trade hands over the course of the day on 36,476 trades. Given that the stock’s average daily volume over the last month has been 5.16 million shares a day, this represents a pretty substantial spike over the norm.

PulteGroup Inc. has a P/B ratio of 1.32. It also has a P/E ratio of 13.1. The stock has traded between $23.36 and $17.08 over the last 52-weeks, its 50-day SMA is now $18.55, and its 200-day SMA $19.80.

PulteGroup Inc is engaged in homebuilding business. Its business includes the acquisition and development of land for residential purposes within the U.S. It is also engaged in mortgaging banking operations.

Headquartered in Atlanta, GA, PulteGroup Inc. has 4,149 employees and is currently under the leadership of CEO Richard J. Dugas.

For a complete fundamental analysis analysis of PulteGroup Inc., check out Equities.com’s Stock Valuation Analysis report for PHM. 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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