May 07, 2013 (Market movers via COMTEX) -- NVR Inc (NYSE:NVR) is a company whose shares are active, trading 1.9% lower to $999.00. The Dow Jones Industrial Average is now trading 0.3% higher to 15,009 and the S&P is trading 0.2% higher to 1,621.
Over the past year, NVR Inc has traded in a range of $721.56 to $1100.00 and is now at $999.00, 38% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.
NVR, Inc. builds and markets homes and conducts mortgage banking activities. The Company builds single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and other tradenames. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations.
NVR Inc (NYSE:NVR) is currently priced 7.9% above its average consensus analyst price target of $920.33. NVR Inc shares should encounter resistance at the 50-day moving average (MA) of $1032.91 and support at its 200-day MA of $929.71.
---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2013
