MDC Holdings Inc. (NYSE:MDC) traded at a new 52-week high today of $46.78. So far today approximately 124,000 shares have been exchanged, as compared to an average 30-day volume of 539,000 shares.
M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.
MDC Holdings Inc. (NYSE:MDC) defies analysts with a current price ($46.72) 25.4% above its average consensus price target of $34.83. MDC Holdings Inc. shares have support at the 50-day moving average (MA) of $40.15 and additional support at the 200-day MA of $33.81.
In the past 52 weeks, shares of MDC Holdings Inc. have traded between a low of $25.14 and a high of $46.78 and is now at $46.72, which is 86% above that low price. The 200-day and 50-day moving averages have moved 0.72% higher and 1.26% higher over the past week, respectively.
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