LEN Crosses Below Key Moving Average Level

In trading on Thursday, shares of Lennar Corp. (LEN) crossed below their 200 day moving average of $36.90, changing hands as low as $36.82 per share. Lennar Corp. shares are currently trading down about 3% on the day. The chart below shows the one year performance of LEN shares, versus its 200 day moving average:

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Lennar Corp. 200 Day Moving Average Chart

Looking at the chart above, LEN's low point in its 52 week range is $23.48 per share, with $43.90 as the 52 week high point — that compares with a last trade of $37.12.

According to the ETF Finder at ETF Channel, LEN makes up 9.69% of the iShares Dow Jones U.S. Home Construction Index Fund ETF ( ITB) which is trading lower by about 2.5% on the day Thursday.

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