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Stock Watchout: D.R. Horton, Lennar, Hovnanian Enterprises, and Beazer Homes USA

2013-12-05 13:27 ET - News Release

LONDON, December 5, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

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:

http://www.aaaresearchreports.com/register/  

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:

http://www.AAAResearchReports.com/DHI120513.pdf

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:

http://www.AAAResearchReports.com/LEN120513.pdf

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:

http://www.AAAResearchReports.com/HOV120513.pdf

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:

http://www.AAAResearchReports.com/BZH120513.pdf  

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