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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- M.D.C. Holdings (NYSE: MDC) hit a new 52-week high Friday as it is currently trading at $33.85, above its previous 52-week high of $33.80 with 278,649 shares traded as of 11:25 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.

M.D.C has a market cap of $1.57 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 83.7% year to date as of the close of trading on Thursday.

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 revenue growth, solid stock price performance and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full M.D.C Ratings Report.

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