KB Home (KBH) Stock: What Does the Chart Say Friday?

The market has been high on KB Home (KBH) stock recently. KBH gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

KB Home has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KBH!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With KBH Stock Today?

KB Home (KBH) stock has gained 1.24% while the S&P 500 has fallen -0.27% as of 12:00 PM on Friday, Mar 24. KBH is up $0.49 from the previous closing price of $39.55 on volume of 1,230,072 shares. Over the past year the S&P 500 is lower by -11.63% while KBH is up 11.13%. KBH earned $9.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 4.4.

More About KB Home

KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, and the Washington, D.C., area. KB Home operates in several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on the market location. The company also invests in land acquisition and development to support future building activities. Click Here to get the full Stock Report for KB Home stock.