Before the Bell Scans: D.R. Horton Inc., Hovnanian Enterprises Inc., Lennar Corp., and Beazer Homes USA Inc.

LONDON, September 20, 2013 /PRNewswire/ --

The U.S. equity market closed on a mixed note on Thursday, September 19, 2013. The NASDAQ Composite posted gains, while the S&P 500 and the Dow Jones Industrial Average ended slightly lower. Shares in the residential construction industry fell sharply, even as the broader market fluctuated between gains and losses. The major movers in the industry included D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), Lennar Corporation (NYSE: LEN), and Beazer Homes USA Inc. (NYSE: BZH). All these companies are tracked by AAAResearchReports.com. Free technical research on DHI, HOV, LEN, and BZH can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

D.R. Horton Inc.'s stock fell sharply by 1.50% on Thursday, reversing some of the gains from the previous trading session. The company's shares closed the day at $21.01 after oscillating between $20.79 and $21.60. A total of 8.47 million shares were traded, which is above the daily average volume of 8.17 million. Despite Thursday's losses, the company's shares have surged 5.90% in the previous three trading sessions and 14.81% in the last one month, outperforming the S&P 500 which has gained 1.46% and 4.63% during the respective periods. Furthermore, D.R. Horton Inc.'s stock is trading above its 50-day moving average of $19.66. Sign up today to read free research report on DHI at:

http://www.AAAResearchReports.com/DHI092013.pdf

On Thursday, Hovnanian Enterprises Inc.'s stock also fell sharply, even as the broader market closed on a mixed note. The company's shares ended the day 1.27% lower at $5.46 after vacillating between $5.41 and $5.59. A total of 4.62 million shares were traded, which is less than the daily average volume of 4.77 million. Despite Thursday's pullback, Hovnanian Enterprises Inc.'s shares have gained 4.20% in the previous three trading sessions and 7.91% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading above its 50-day moving average of $5.35. Register to download free technical analysis on HOV at:

http://www.AAAResearchReports.com/HOV092013.pdf

Shares in Lennar Corp. plummeted on Thursday, reversing some of the gains from the previous trading session. The company's shares traded between $36.22 and $37.84 before finishing the day 2.84% lower at $36.27. A total of 6.56 million shares were traded, which is below the daily average volume of 6.74 million. Despite Thursday's sharp decline, the company's shares have advanced 4.31% in the previous three trading sessions and 11.98% in the last one month, outperforming the S&P 500 which has gained 1.46% and 4.63% during the respective periods. Further, Lennar Corp.'s stock is trading above its 50-day moving average of $33.74. A free report on LEN can be accessed by registering at:

http://www.AAAResearchReports.com/LEN092013.pdf

On Thursday, shares in Beazer Homes USA Inc. closed at $19.34, down 1.23% from its previous day's closing price of $19.58. The company's shares oscillated between $19.28 and $19.92 during the trading session. A total of 1.06 million shares were traded, which is at par with the daily average volume. Despite Thursday's losses, Beazer Homes USA Inc.'s shares have surged 5.40% in the previous three trading sessions and 17.43% in the last one month, compared to a gain of 1.46% and 4.63% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading above its 50-day and 200-day moving averages of $17.49 and $17.40, respectively. Register with AAA Research Reports and download the research on BZH for free at:

http://www.AAAResearchReports.com/BZH092013.pdf

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AAAresearchreports.com

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED