Shares of Beazer Homes USA Inc. (NYSE:BZH) traded today at $23.37, eclipsing its 52-week high. This new high was reached on below average trading volume as 189,000 shares traded hands, while the average 30-day volume is approximately 384,000 shares.
In the past 52 weeks, Beazer Homes USA Inc. share prices are bracketed by a low of $6.29 and a high of $23.37 and is now at $23.33, 271% above that low price.
Beazer Homes USA Inc is an American construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Beazer Homes USA Inc. (NYSE:BZH) is currently priced 25.4% above its average consensus analyst price target of $17.40.
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