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SOURCE AAA Research Reports
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LONDON, September 20, 2013 /PRNewswire/ --
The U.S. equity market closed on a mixed note on Thursday, September 19, 2013. The NASDAQ Composite posted gains, while the S&P 500 and the Dow Jones Industrial Average ended slightly lower. Shares in the residential construction industry fell sharply, even as the broader market fluctuated between gains and losses. The major movers in the industry included D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), Lennar Corporation (NYSE: LEN), and Beazer Homes USA Inc. (NYSE: BZH). All these companies are tracked by AAAResearchReports.com. Free technical research on DHI, HOV, LEN, and BZH can be downloaded upon signing up at:
D.R. Horton Inc.'s stock fell sharply by 1.50% on Thursday, reversing some of the gains from the previous trading session. The company's shares closed the day at $21.01 after oscillating between $20.79 and $21.60. A total of 8.47 million shares were traded, which is above the daily average volume of 8.17 million. Despite Thursday's losses, the company's shares have surged 5.90% in the previous three trading sessions and 14.81% in the last one month, outperforming the S&P 500 which has gained 1.46% and 4.63% during the respective periods. Furthermore, D.R. Horton Inc.'s stock is trading above its 50-day moving average of $19.66. Sign up today to read free research report on DHI at:
On Thursday, Hovnanian Enterprises Inc.'s stock also fell sharply, even as the broader market closed on a mixed note. The company's shares ended the day 1.27% lower at $5.46 after vacillating between $5.41 and $5.59. A total of 4.62 million shares were traded, which is less than the daily average volume of 4.77 million. Despite Thursday's pullback, Hovnanian Enterprises Inc.'s shares have gained 4.20% in the previous three trading sessions and 7.91% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading above its 50-day moving average of $5.35. Register to download free technical analysis on HOV at:
Shares in Lennar Corp. plummeted on Thursday, reversing some of the gains from the previous trading session. The company's shares traded between $36.22 and $37.84 before finishing the day 2.84% lower at $36.27. A total of 6.56 million shares were traded, which is below the daily average volume of 6.74 million. Despite Thursday's sharp decline, the company's shares have advanced 4.31% in the previous three trading sessions and 11.98% in the last one month, outperforming the S&P 500 which has gained 1.46% and 4.63% during the respective periods. Further, Lennar Corp.'s stock is trading above its 50-day moving average of $33.74. A free report on LEN can be accessed by registering at:
On Thursday, shares in Beazer Homes USA Inc. closed at $19.34, down 1.23% from its previous day's closing price of $19.58. The company's shares oscillated between $19.28 and $19.92 during the trading session. A total of 1.06 million shares were traded, which is at par with the daily average volume. Despite Thursday's losses, Beazer Homes USA Inc.'s shares have surged 5.40% in the previous three trading sessions and 17.43% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading above its 50-day and 200-day moving averages of $17.49 and $17.40, respectively. Register with AAA Research Reports and download the research on BZH for free at:
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