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Mdc Holdings Inc Shares Up 32.4% Since SmarTrend's Buy Recommendation (MDC)

By Shiri Gupta

SmarTrend identified an Uptrend for Mdc Holdings Inc (NYSE:MDC) on July 2nd, 2019 at $33.18. In approximately 3 months, Mdc Holdings Inc has returned 32.40% as of today's recent price of $43.93.

Over the past year, Mdc Holdings Inc has traded in a range of $25.14 to $44.01 and is now at $43.93, 75% above that low. The 200-day and 50-day moving averages have moved 1.17% higher and 1.53% higher over the past week, respectively.

M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mdc Holdings Inc shares.

Log in and add Mdc Holdings Inc (MDC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mdc holdings inc

Ticker(s): MDC