Lennar Corporation (NYSE:LEN.B – Get Free Report) shares crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $84.32 and traded as low as $73.72. Lennar shares last traded at $74.6060, with a volume of 158,158 shares trading hands.
Lennar Price Performance
The stock’s 50-day moving average is $80.65 and its 200 day moving average is $84.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.69 and a current ratio of 4.94. The stock has a market capitalization of $18.31 billion, a PE ratio of 14.55 and a beta of 1.30.
Lennar (NYSE:LEN.B – Get Free Report) last announced its quarterly earnings results on Wednesday, September 16th. The construction company reported $1.23 earnings per share for the quarter. Lennar had a net margin of 4.09% and a return on equity of 6.15%. The firm had revenue of $8.05 billion during the quarter.
Lennar Company Profile
Lennar Corporation is a homebuilding and real estate company headquartered in Miami, Florida. Founded in 1954, the company develops and builds single-family attached and detached homes, including offerings designed for first-time, move-up, luxury and active-adult buyers.
Lennar operates across numerous housing markets in the United States. In addition to homebuilding, its activities include land acquisition and development, multifamily apartment development, and the provision of related financial services.
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