Why PulteGroup's Stock is Trading Lower Today

PulteGroup’s Stock Price And Volume Action

PulteGroup’s PHM stock has been falling Tuesday, down 2.3% to a price of $41.45. Tuesday the stock has been traded at a volume of 788.76 thousand, about 26.54% of its recent 30-day volume average of 2.97 million.

Why It’s Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: PulteGroup shares are trading higher after B of A Securities downgraded the stock from Neutral to Underperform.

Further Analysis of Recent Price Action

The 50-day moving average price of PulteGroup’s stock was $43.24 when this article was published. The stock reached a high of $49.7 and a low of $17.12 in the past 52 weeks.

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