May 13, 2013 (52 Week high-lows via COMTEX) -- Ryland Group (NYSE:RYL) traded at a new 52-week high today of $49.91. So far today approximately 525,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
The Ryland Group, Inc. is a homebuilder and mortgage-related finance firm. The Company's homebuilding segment specializes in the sale and construction of single-family attached and detached housing. Ryland's financial services segment provides various mortgage-related products and services for retail customers.
Based on a current price of $49.77, Ryland Group is currently 19.9% above its average consensus analyst price target of $39.85. Ryland Group shares have support at the 50-day moving average (MA) of $41.24 and additional support at the 200-day MA of $34.76.
Over the past year, Ryland Group has traded in a range of $19.25 to $49.91 and is now at $49.77, 159% above that low. The 200-day and 50-day moving averages have moved 1.62% higher and 3.19% higher over the past week, respectively.
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