M.D.C Reaches New 52-Week High (MDC)

NEW YORK ( TheStreet) -- M.D.C. Holdings (NYSE: MDC) hit a new 52-week high Wednesday as it is currently trading at $29.52, above its previous 52-week high of $28.99 with 371,948 shares traded as of 10:55 a.m. ET. Average volume has been 999,300 shares over the past 30 days.

M.D.C has a market cap of $1.35 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 60.6% year to date as of the close of trading on Tuesday.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States.

TheStreet Ratings rates M.D.C as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, poor profit margins and a generally disappointing performance in the stock itself. You can view the full M.D.C Ratings Report.

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