Lennar Corporation (LEN) Shares are Up 0.08%

On a relative basis, the stock has outperformed the S&P 500 by 1.97% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.08% in the last 1 week, and is up 8.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Lennar Corporation (NYSE:LEN): The stock opened at $48.89 on Friday but the bulls could not build on the opening and the stock topped out at $49.10 for the day. The stock traded down to $48.08 during the day, due to lack of any buying support eventually closed down at $48.69 with a loss of -0.33% for the day. The stock had closed at $48.85 on the previous day. The total traded volume was 1,427,121 shares.


The stock has recorded a 20-day Moving Average of 2.82% and the 50-Day Moving Average is 5.43%. Lennar Corporation is up 3.05% in the last 3-month period. Year-to-Date the stock performance stands at -0.18%.

Lennar Corporation is a real estate company. The Company is a homebuilder, a provider of real estate-related financial services, a commercial real estate investment, investment management and finance company. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments. It has grouped its homebuilding activities into five segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston. Its homebuilding operations include the construction and sale of single-family attached and detached homes. Lennar Financial Services offers residential mortgage loan products to buyers of their homes and others. The Rialto segment is a commercial real estate investment, investment management and finance company. The Lennar Multifamily segment focuses on developing a portfolio of multifamily rental properties in select United States markets. It operates under brand name Lennar.

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