Beazer Homes USA (BZH) : Traders are bullish on Beazer Homes USA (BZH) as it has outperformed the S&P 500 by a wide margin of 12.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.99%, 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 2.05% in the last 1 week, and is up 13.41% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.37% and the 50-Day Moving Average is 18.03%. Beazer Homes USA (NYSE:BZH): On Fridays trading session , Opening price of the stock was $10.09 with an intraday high of $10.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.87. However, the stock managed to close at $9.98, a loss of 0.50% for the day. On the previous day, the stock had closed at $10.03. The total traded volume of the day was 570,734 shares.
The company Insiders own 5.9% of Beazer Homes USA shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 26.05% . Institutional Investors own 90.16% of Beazer Homes USA shares. During last six month period, the net percent change held by insiders has seen a change of 17.6%. Also, UBS maintains its view on Beazer Homes USA (NYSE:BZH) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. UBS raises the price target from $8 per share to $10 per share on Beazer Homes USA . The rating by the firm was issued on July 29, 2016.
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.