Should You Buy M.D.C. Holdings, Inc. (MDC) Stock on Friday?

M.D.C. Holdings, Inc. (MDC) stock has risen 4.47% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

M.D.C. Holdings, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MDC!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MDC Stock Today?

M.D.C. Holdings, Inc. (MDC) stock is higher by 1.56% while the S&P 500 has fallen -0.39% as of 1:00 PM on Friday, Jul 30. MDC is higher by $0.82 from the previous closing price of $52.72 on volume of 227,659 shares. Over the past year the S&P 500 has risen 35.09% while MDC is higher by 27.39%. MDC earned $6.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.85.

More About M.D.C. Holdings, Inc.

M.D.C. Holdings Inc is an American holding company that operates home construction, mortgage, insurance, and title companies. The company focuses on single-family and residential communities via its Richmond American Homes brand in Arizona, California, Colorado, Florida, Virginia, Nevada, Utah, and Washington. MDC Holdings constructs homes for first-time and move-up homebuyers. Home construction in Colorado, California, Washington, and Arizona derive most of the company's homebuilding revenue, followed by Utah, and Virginia. Click Here to get the full Stock Report for M.D.C. Holdings, Inc. stock.