Lennar Corporation (NYSE:LEN.B – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $87.74 and traded as low as $84.64. Lennar shares last traded at $84.7240, with a volume of 61,163 shares traded.
Lennar Stock Performance
The company has a quick ratio of 0.69, a current ratio of 4.94 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $80.34 and a 200 day moving average price of $87.74. The stock has a market cap of $20.16 billion, a PE ratio of 16.02 and a beta of 1.30.
Lennar (NYSE:LEN.B – Get Free Report) last released its quarterly earnings data 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 company had revenue of $8.05 billion during the quarter.
Lennar Company Profile
Lennar Corporation is a U.S. homebuilder headquartered in Miami, Florida. Founded in 1954, the company develops residential communities and builds homes for a range of buyers, including first-time, move-up and active-adult purchasers. Its homebuilding business offers single-family homes and townhomes in markets across the United States. Lennar also develops multifamily rental properties and provides services related to home financing and real estate transactions, including mortgage and title services.
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