Lennar (NYSE:LEN-B) Trading Down 0.8% – What’s Next?

Lennar Co. (NYSE:LEN-BGet Free Report) shares dropped 0.8% during trading on Friday . The company traded as low as $127.45 and last traded at $128.52. Approximately 82,074 shares were traded during mid-day trading, The stock had previously closed at $129.52.

Lennar Price Performance

The stock’s 50 day moving average is $150.18 and its two-hundred day moving average is $157.33.

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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