• Return to Headlines

Beazer Homes Usa Looks to Continue to Trade Below its Annual-Low Share Price Today

By James Quinn

Beazer Homes Usa (NYSE:BZH) traded at a new 52-week low today of $9.95. So far today approximately 95,000 shares have been exchanged, as compared to an average 30-day volume of 566,000 shares.

In the past 52 weeks, shares of Beazer Homes Usa have traded between the current low of $9.95 and a high of $23.24 and are now at $9.98. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 1.1%.

Beazer Homes USA, Inc. designs, builds, and sells single family homes in the Southeast, Southwest, and South Central regions of the United States. The Company's homes are designed to appeal to entry-level and first move-up home buyers.

Beazer Homes Usa (NYSE:BZH) has potential upside of 90.3% based on a current price of $9.98 and analysts' consensus price target of $19.00. The stock should run into initial resistance at its 50-day moving average (MA) of $12.12 and subsequent resistance at its 200-day MA of $15.28.

SmarTrend is tracking the current trend status for Beazer Homes Usa and will alert subscribers who have BZH in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows beazer homes usa

Ticker(s): BZH