Lennar (NYSE:LEN-B) Trading 1.2% Higher – What’s Next?

Shares of Lennar Co. (NYSE:LEN-BGet Free Report) traded up 1.2% during trading on Wednesday . The company traded as high as $112.65 and last traded at $111.79. 53,156 shares were traded during mid-day trading, The stock had previously closed at $110.47.

Lennar Stock Performance

The stock’s 50 day moving average price is $122.31 and its 200-day moving average price is $146.23.

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.

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