NEW YORK, April 4, 2017 /PRNewswire/ --
On Monday, April 03, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. Seven out of nine sectors ended Monday's trading session in bearish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Residential Construction equities this morning: Lennar Corporation (NYSE: LEN), TRI Pointe Group Inc. (NYSE: TPH), Hovnanian Enterprises Inc. (NYSE: HOV), and CalAtlantic Group Inc. (NYSE: CAA). Download the free research reports on these stocks today:
Miami, Florida-based Lennar Corp.'s stock finished Monday's session 0.55% lower at $50.91 with a total volume of 1.90 million shares traded. Lennar's shares have advanced 2.02% in the last one month and 18.69% in the past months. Furthermore, the stock has gained 9.05% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 4.97% and 11.87%, respectively. Shares of Lennar, which together with its subsidiaries, engages in the homebuilding activities in the US, are trading at a PE ratio of 12.99. The stock has a Relative Strength Index (RSI) of 54.77.
On March 22nd, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $53 a share to $60 a share. See our free and comprehensive research report on LEN at:
Irvine, California headquartered TRI Pointe Group Inc.'s stock fell 1.20%, to close the day at $12.39. The stock recorded a trading volume of 2.94 million shares, which are above its three months average volume of 2.00 million shares. TRI Pointe's shares have advanced 0.98% in the last one month, 7.93% in the previous three months, and 8.02% in the past one year. The Company's shares are trading 0.13% and 0.47% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the US, are trading at a PE ratio of 10.24. Additionally, the stock has an RSI of 46.42. TPH free research report PDF is just a click away at:
On Monday, shares in Red Bank, New Jersey headquartered Hovnanian Enterprises Inc. ended the session 1.76% lower at $2.23 with a total volume of 819,242 shares traded. Hovnanian Enterprises' shares have surged 49.66% in the past one year. Shares of the Company, which designs, constructs, markets, and sells residential homes in the US, are trading at a PE ratio of 25.06. The stock is trading 10.56% above its 200-day moving average. Moreover, the Company's shares have an RSI of 43.29. Sign up for your complimentary report on HOV at:
On Monday, shares in Irvine, California headquartered CalAtlantic Group Inc. recorded a trading volume of 812,536 shares. The stock ended the day 0.83% lower at $37.14. Shares of the Company, which operates as a homebuilder under the CalAtlantic Homes name in the US, are trading at a PE ratio of 10.33. CalAtlantic's stock has advanced 1.95% in the last one month and 9.32% in the previous three months. Furthermore, the stock has gained 12.87% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 4.08% and 6.03%, respectively. Furthermore, CalAtlantic's shares have an RSI of 56.02. Register for free on Stock-Callers.com and download the latest research report on CAA at:
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