Standard Pacific Corp (NYSE:SPF) purchases 34 homesites in The Oaks at Boca Raton

  on Dec 17,2012 Posted in Business News ,Finance
 
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Standard Pacific Corp (NYSE:SPF) on Friday declared the acquisition of 34 homesites in The Oaks at Boca Raton, from Kenco Communities. The community which is based in the highly-desirable city of Boca Raton will provide home shoppers a chance to purchase a brand new home in this most sought-after location.

It was declared by the South Florida Division President for Standard Pacific Homes, Dan Grosswald, that the Oaks at Boca Raton’s highly desirable setting is an ideal match for the company’s land acquisition strategy, which concentrates on building extraordinary communities in premier location. He further stated that they are moving forward to offer graceful new home designs that match the caliber of this scenic community.

The nation’s leaders in homebuilding quality will present all latest home designs that include large-scale open spaces and thoughtful details designed for the way people live today with an average prices in the $900,000s.

At the close of the trading day, Standard Pacific Corp. (NYSE:SPF) shares fell -1.50% to settle at $6.55. Intraday trading was between $6.52 – $6.69.  In the past year, the stock has traded within a range of $2.84 – $7.92. The last session’s volume of 2.84 million shares was down from the average daily trading volume of 4.43 million shares.

The Ryland Group, Inc. (NYSE:RYL) shares were down -1.03% to close at $33.61. The stock traded between $33.25 – $34.04 during the last trading session.  In the last 12 months the shares have traded between $14.14 and $35.84. The last session’s volume of 635,727 shares was a bit lower than their average daily trading volume of 1.20 million shares.

KB Home (NYSE:KBH) shares in the last session were up +1.10% closing at $15.65. The stock traded in a range of $15.23 – $15.65.  In the last year the stock has moved within a range of $6.17 – $17.30. The last session’s volume of 3.20 million shares was down from their average daily trading volume of 5.06 million shares.

Another rival company Lennar Corporation (NYSE:LEN), traded up +0.30% moving to $37.31. Intraday trading recorded the stock price in a range between $36.76 – $37.44.  In the previous 52 weeks the price has traded between $118.36 – $39.33. The last session’s volume of 2.94 million shares was down from their average daily trading volume of 5.33 million shares.

 

 

 



 

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