Stock Watchout: D.R. Horton, Lennar, Hovnanian Enterprises, and Beazer Homes
LONDON, December 5, 2013
LONDON, December 5, 2013 /PRNewswire/ --
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On Wednesday, December 04, 2013, the US equity market finished the day on a
lower note as the S&P 500 ended the day at 1,792.81, down 0.13%; the Dow Jones
Industrial Average closed at 15,889.77, down 0.16%; and the NASDAQ Composite
finished at 4,038.00, up 0.02%. The S&P 500 Consumer Discretionary Sector
Index ended the day at 510.85, down 0.24%; and the S&P 500 Homebuilding Sub
Industry Index fell by 0.98% to close at 514.92. The S&P 500 Homebuilding Sub
Industry Index has gained 0.89% in the last one month and 11.86% the previous
three months, compared to a gain of 1.41% and 8.45% in the S&P 500 during the
respective periods. The major movers in the industry included D.R. Horton Inc.
(NYSE: DHI), Lennar Corporation (NYSE: LEN), Hovnanian Enterprises Inc. (NYSE:
HOV), and Beazer Homes USA Inc. (NYSE: BZH). AAAResearchReports.com initiated
preliminary technical research on DHI, LEN, HOV, and BZH. These free reports
are accessible by signing today at:
D.R. Horton Inc.'s stock oscillated between $18.74 and $19.33 before ending
Wednesday's session 0.26% lower at $19.08. A total of 7.66 million shares were
traded, which is below the daily average volume of 7.90 million. Despite
Wednesday's losses, the company's shares have gained 1.38% in the last one
month and 7.01% in the previous three months, compared to a gain of 1.41% and
8.45% in the S&P 500 during the respective periods. Further, D.R. Horton
Inc.'s stock is trading below its 50-day and 200-day moving averages of $19.09
and $21.54, respectively. The free technical analysis on DHI is available by
signing up at:
On Wednesday, Lennar Corp.'s stock ended the day at $34.52, down 2.24% from
the previous day's closing price of $35.31. The company's shares vacillated
between $34.22 and $35.31 during the trading session. A total of 5.53 million
shares were traded, which is above the daily average volume of 5.50 million.
Despite Wednesday's pullback, the company's shares have gained 8.49% in the
previous three months, outperforming the S&P 500, which has gained 8.45%
during the same period. Moreover, Lennar Corp.'s stock is trading below its
50-day and 200-day moving averages of $35.02 and $36.99, respectively.
Register now to download free research on LEN at:
Shares in Hovnanian Enterprises Inc. finished flat on Wednesday, even as the
broader market edged lower. The company's shares ended the day at the previous
day's closing price of $4.97, after fluctuating between $4.92 and $5.07. A
total of 2.72 million shares were traded, which is below the daily average
volume of 4.30 million. The company's shares have fallen by 1.97% in the
previous three months, underperforming the S&P 500, which has gained 8.45%,
during the same period. Furthermore, Hovnanian Enterprises Inc.'s stock is
trading below its 50-day and 200-day moving averages of $5.07 and $5.48,
respectively. A free report on HOV can be accessed by registering at:
On Wednesday, shares in Beazer Homes USA Inc. advanced to end the day at
$20.52, which is 0.49% higher than the previous day's closing price of $20.42.
The company's shares oscillated between $20.13 and $20.92 during the trading
session. A total of 0.54 million shares were traded, which is below the daily
average volume of 0.81 million. The company's shares have gained 14.00% in the
last one month and 21.13% in the previous three months, outperforming the S&P
500, which has gained 1.41% and 8.45%, during the respective periods. Further,
Beazer Homes USA Inc.'s stock is trading above its 50-day and 200-day moving
averages of $18.81 and $17.89, respectively. Register with AAA Research
Reports and download research on BZH for free at:
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