May 14, 2013 (Market movers via COMTEX) -- Pulte Homes (NYSE:PHM) is one of today's biggest movers, up 1.9% to $23.84. The Dow Jones Industrial Average is now trading 0.5% higher to 15,160 and the S&P is trading 0.7% higher to 1,646.
Based on a current price of $23.84, Pulte Homes is currently 10.9% above its average consensus analyst price target of $21.25. The stock should find initial support at its 50-day moving average (MA) of $20.32 and further support at its 200-day MA of $17.61.
Pulte Homes, Inc. sells and constructs homes, and purchases, develops, and sells residential land and develops active adult communities. The Company also provides mortgage financing, title insurance, and other services to home buyers. Pulte has operations in various markets across the United States and Puerto Rico.
Over the past year, Pulte Homes has traded in a range of $7.63 to $23.93 and is now at $23.84, 212% above that low. The 200-day and 50-day moving averages have moved 1.06% higher and 1.17% higher over the past week, respectively.
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