Is Beazer Homes USA, Inc. (BZH) a Stock to Watch After Gaining 3.73% This Week?

Overall market sentiment has been high on Beazer Homes USA, Inc. (BZH) stock lately. BZH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Beazer Homes USA, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BZH!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With BZH Stock Today?

Beazer Homes USA, Inc. (BZH) stock is trading at $20.85 as of 1:48 PM on Friday, Dec 3, a decline of -$0.06, or -0.29% from the previous closing price of $20.91. Volume today is below average. So far 236,245 shares have traded compared to average volume of 360,595 shares. The stock has traded between $20.57 and $21.23 so far today.

More About Beazer Homes USA, Inc.

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. Click Here to get the full Stock Report for Beazer Homes USA, Inc. stock.