PulteGroup Stock Hits New 52-Week High (PHM)

NEW YORK ( TheStreet) -- PulteGroup (NYSE: PHM) hit a new 52-week high Thursday as it is currently trading at $12.37, above its previous 52-week high of $12.19 with 866,287 shares traded as of 9:35 a.m. ET. Average volume has been 13.1 million shares over the past 30 days.

PulteGroup has a market cap of $4.49 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 91.6% year to date as of the close of trading on Wednesday.

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States.

TheStreet Ratings rates PulteGroup as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full PulteGroup Ratings Report.

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