TRI Pointe Group, Inc. (TPH) continued its downward trend with the stock declining -1.66% or $-0.18 to close the day at $10.65 on active trading volume of 2.78M shares, compared to its three month average trading volume of 1.43M. The Irvine California 92612 based company has been underperforming the residential construction group over the past 52 weeks, with the stock losing -18.64%, compared to the industry which has dropped -10.62% over the same period. With RSI of 20.38, the stock should still continue to rise and get closer to its one year target estimate of $17.5, making it a hold for now.
TRI Pointe Group, Inc., through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the United States. It also develops and sells land and lots. The company operates a portfolio of six brands across eight states, including Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia. In addition, it offers financial services, such as mortgage financing and title services. The company sells homes through its own sales representatives and independent real estate brokers. TRI Pointe Group, Inc. is headquartered in Irvine, California.TRI Pointe Group, Inc. operates as a subsidiary of Weyerhaeuser NR Company.
Umpqua Holdings Corporation (UMPQ) fell -0.72% during last trading as the stock lost $-0.11 to finish the day at $15.17 with about 2.78M shares changing hands, compared to its three month average trading volume of 1.61M. The $3.35B market cap companycurrently situated 16.33% above its 52 week low of $13.46 and -12.39% away from its one year high of $18.05. The RSI of 42.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through Community Banking and Home Lending segments. The Community Banking segment provides loan and deposit products to business and retail customers. The Home Lending segment originates, sells, and services residential mortgage loans. It also offers various deposit products, such as non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; financial planning, trust, and investments services to high net worth individuals; and retail brokerage and investment advisory services. The company’s loan products include loans for business and commercial customers, including accounts receivable and inventory financing, multi-family loans, equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing, small business administration program financing, and capital markets and treasury management services; loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans, such as secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. In addition, it provides technology-based services, including remote deposit capture, online banking, bill pay and treasury, mobile banking, voice response banking, automatic payroll deposit programs, ATMs, product kiosks, and Website. As of December 31, 2015, the company operated commercial banking centers in 382 locations. Umpqua Holdings Corporation was founded in 1953 and is headquartered in Portland, Oregon.
Apache Corp. (APA) saw its value increase by 0.08% as the stock gained $0.05 to finish the day at a closing price of $59.53. The stock was lighter in trading and has fluctuated between $32.2-$66 per share for the past year. The shares, which traded within a range of $58.38 to $60.36 during the day, are up by 15.54% in the past three months and up by 18.35% over the past six months. It is currently trading -4.53% below its 20 day moving average and 0.93% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $62.84 a share over the next twelve months. The current relative strength index (RSI) reading is 45.89. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Apache Corporation, an independent energy company, explores, develops, and produces natural gas, crude oil, and natural gas liquids. It operates onshore and offshore assets primarily in the Permian Basin, the Anadarko basin in western Oklahoma, the Texas Panhandle, and Gulf Coast areas of the United States, as well as in Western Canada and Gulf of Mexico. The company also operates assets in Egypt and the United Kingdom in the North Sea. As of December 31, 2015, it had total estimated proved reserves of 794 million barrels of crude oil, 198 million barrels of natural gas liquids, and 3.4 trillion cubic feet of natural gas. Apache Corporation was founded in 1954 and is based in Houston, Texas.