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The Price And Volume Action In M.D.C. Holdings's Stock Today
M.D.C. Holdings (NYSE:MDC) is currently down 5.69% to a price of $57.02. Friday the stock has been traded at a volume of 124.01 thousand, about 18.69% of its recent 30-day volume average of 663.35 thousand.
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Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: M.D.C. shares are trading lower after B of A Securities downgraded the stock from Neutral to Underweight and announced a price target from $63 per share.
Insights On Recent Price Action
The stock's 50-day moving average was $53.9 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $61.58 and fallen to a low of $15.75.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.