Lennar (NYSE:LEN-B) Shares Up 1.2% – Time to Buy?

Lennar Co. (NYSE:LEN-BGet Free Report) shot up 1.2% on Wednesday . The company traded as high as $112.65 and last traded at $111.79. 53,156 shares changed hands during mid-day trading, The stock had previously closed at $110.47.

Lennar Price Performance

The company has a 50-day moving average price of $121.98 and a two-hundred day moving average price of $146.00.

Lennar Company Profile

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Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.

Further Reading

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