Is PulteGroup, Inc. (PHM) a Stock to Watch After Gaining 4.44% This Week?

PulteGroup, Inc. (PHM) stock is up 4.44% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

PulteGroup, Inc. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on PHM!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PHM Stock Today?

PulteGroup, Inc. (PHM) stock is trading at $43.76 as of 11:40 AM on Tuesday, May 17, a rise of $1.03, or 2.41% from the previous closing price of $42.73. The stock has traded between $42.78 and $44.00 so far today. Volume today is elevated. So far 4,356,684 shares have traded compared to average volume of 3,151,391 shares. To screen for more stocks like PulteGroup, Inc. click here.

More About PulteGroup, Inc.

PulteGroup Inc is one of the largest homebuilders in the United States, operating in 40 markets across 23 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta. Click Here to get the full Stock Report for PulteGroup, Inc. stock.