Beazer Homes USA (NYSE:BZH) : Traders are bullish on Beazer Homes USA (NYSE:BZH) as it has outperformed the S&P 500 by a wide margin of 3.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.31%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.63% in the last 1 week, and is up 5.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -58.03% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $20.14 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $7.71 and the 200 Day Moving Average price is recorded at $8.38.
The stock has recorded a 20-day Moving Average of 10.29% and the 50-Day Moving Average is 8.76%.
Beazer Homes USA (NYSE:BZH): stock turned positive on Friday. Though the stock opened at $8.16, the bulls momentum made the stock top out at $8.46 level for the day. The stock recorded a low of $8.14 and closed the trading day at $8.36, in the green by 4.76%. The total traded volume for the day was 668,013. The stock had closed at $7.98 in the previous days trading.
In an insider trading activity, Salomon Robert L., CFO of Beazer Homes Usa Inc, executed a transaction worth $122,595 on May 11, 2016. A total of 16,500 shares were purchased at an average price of $7.43. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Beazer Homes USA, Inc. is a diversified homebuilder with operations in 16 states within three geographic regions in the United States: West, East and Southeast. The Companys homes are designed to appeal to homeowners at various price points across various demographic segments and are generally offered for sale in advance of their construction. It has three homebuilding segments: West, which includes Arizona, California, Nevada and Texas; East, which includes Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee (Nashville) and Virginia; and Southeast, which includes Florida, Georgia, North Carolina (Raleigh) and South Carolina. The Company partners with Moen, Certain Teed and DuPont Tyvek. The Company provides information about the active communities through its Internet Website located atwww.beazer.com.