3. As of noon trading, Standard Pacific ( SPF) is up $0.15 (2.2%) to $6.85 on light volume Thus far, 1.2 million shares of Standard Pacific exchanged hands as compared to its average daily volume of 5.0 million shares. The stock has ranged in price between $6.69-$6.88 after having opened the day at $6.75 as compared to the previous trading day's close of $6.70.

Standard Pacific Corp. operates as a diversified builder of single-family attached and detached homes in the United States. Standard Pacific has a market cap of $1.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 42.9, above the S&P 500 P/E ratio of 17.7. Shares are up 115.7% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Standard Pacific a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Standard Pacific as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins. Get the full Standard Pacific Ratings Report now.

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