Lennar (NYSE:LEN-B) Trading 0.2% Higher – Here’s Why

Lennar Co. (NYSE:LEN-BGet Free Report)’s share price rose 0.2% during trading on Friday . The company traded as high as $166.79 and last traded at $164.53. Approximately 39,187 shares were traded during mid-day trading, The stock had previously closed at $164.21.

Lennar Stock Up 0.2 %

The stock’s fifty day simple moving average is $166.02 and its 200-day simple moving average is $153.32.

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.

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