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:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

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.
null

If you liked this article you might like

New Tax Laws Make Experts Nervous About State of U.S. Housing Market

New Tax Laws Make Experts Nervous About State of U.S. Housing Market

Stock Markets Are Booming Again but Panties Prices Continue to Plunge

Stock Markets Are Booming Again but Panties Prices Continue to Plunge

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

Video: Jim Cramer on Walmart, Delta Air Lines, Lennar, KB Home and Netflix

Video: Jim Cramer on Walmart, Delta Air Lines, Lennar, KB Home and Netflix

Jim Cramer on Delta Airlines, Lennar and KB Home's Earnings

Jim Cramer on Delta Airlines, Lennar and KB Home's Earnings