Green Brick Partners Inc. (GRBK) Soars 4.61%

Green Brick Partners Inc. (GRBK) Soars 4.61%

Green Brick Partners Inc. is a Green Brick Partners Inc acquires and develops land, as well as providing land and construction financing to its controlled builders.

Green Brick Partners Inc. (GRBK) had a good day on the market for Thursday December 24 as shares jumped 4.61% to close at $24.27. About 190,420 shares traded hands on 1,948 trades for the day, compared with an average daily volume of n/a shares out of a total float of 50.62 million. After opening the trading day at $23.16, shares of Green Brick Partners Inc. stayed within a range of $24.28 to $22.85.

With today’s gains, Green Brick Partners Inc. now has a market cap of $1.23 billion. Shares of Green Brick Partners Inc. have been trading within a range of $25.05 and $5.67 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Green Brick Partners Inc acquires and develops land, as well as providing land and construction financing to its controlled builders. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. Green Brick Partners segments its operations into land development and homebuilding services, which is subdivided into Texas and Georgia. The company primarily generates its revenue through the sale of lots from land development segment, the construction loans to the company’s controlled builders, and the delivery of homes through the builder operations segment.

Green Brick Partners Inc. is based out of Plano, TX and has some 460 employees. Its CEO is James R. Brickman.

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