Forestar Group (FOR) Sets New 52-Week High at $23.70
Forestar Group Inc (NYSE:FOR)’s share price reached a new 52-week high on Wednesday . The company traded as high as $23.70 and last traded at $23.80, with a volume of 70197 shares traded. The stock had previously closed at $22.35.
Separately, ValuEngine lowered Forestar Group from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
The firm has a market capitalization of $928.95, a P/E ratio of 19.09 and a beta of 1.94. The company has a quick ratio of 26.13, a current ratio of 26.13 and a debt-to-equity ratio of 0.18.
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Forestar Group Company Profile
Forestar Group Inc is a residential and mixed-use real estate development company. The Company operates through three segments. The Real Estate segment secures entitlements and develops infrastructure on its lands, for single-family residential and mixed-use communities. The Mineral resources segment is focused on its owned oil and gas mineral interests through promoting exploration, development and production activities.
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