Dallas, Texas 07/12/2013 (Financialstrend) – Toll Brothers (NYSE:TOL) is up this week after facing a declined pullback last Friday. An analyst of “The Street” assigned a “buy” rating to TOL’s stock, with a ratings score of “B”. Eleven analysts assigned a “buy”, eight a “hold”, three a “sell” and one a “strong buy” rating to the stock. From July 13 to 28, 2013 TOL celebrates a nationwide Sales Event for its customers in the luxury communities. The company is a leading builder of luxury homes in the United States and invited all customers with interest to purchase their homes to visit the buildings at any of the Toll Brothers luxury home community between July 13th and 28th. TOL’s shares now rose by 22.88% from their recent 52-week low, a fact that has made the Equity Profile Report add the stock to its NYSE Gainers Watch List. TOL markets, designs, builds and provides financial arrangements for luxury residential communities in order to serve home buyers. The Company operates in joint ventures through which it is building or converting rental apartment buildings into low, mid and high rise luxury homes. The Company is also involved in services to empty-nester, move-up, active-adult and second-home buyers in 19 states of the United States.
Toll Brothers, Inc. (NYSE:TOL) closed at $34.66 on Thursday, recording an advance of 6.61% in its share price for the day. The stock price fluctuated from a low value of $33.49 to a high one of $33.89 per share. The company currently has a 52-week low of $28.36 and a 52-week high of $39.25 per share. TOL currently has 169.31 million outstanding shares in the market with institutional ownership of 76% of its total equity capital. Trading volume amounted to 7.47 million shares on Thursday, with an average one for TOL at 5.26 million shares per day.
