Lennar (NYSE:LEN-B) Shares Up 0.5% – Time to Buy?

Lennar Co. (NYSE:LEN-BGet Free Report)’s share price traded up 0.5% during trading on Thursday . The company traded as high as $165.64 and last traded at $164.37. 12,928 shares changed hands during mid-day trading, The stock had previously closed at $163.62.

Lennar Stock Performance

The firm’s 50-day simple moving average is $165.21 and its 200 day simple moving average is $157.50.

About Lennar

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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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