HomeMarket NewsKBH Surpasses Key Moving Average Threshold with Significant Drop

KBH Surpasses Key Moving Average Threshold with Significant Drop

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KB Home Shares Dip Below 200-Day Average: What It Means for Investors

Current Trading Dynamics

In trading on Wednesday, shares of KB Home (Symbol: KBH) fell below their 200-day moving average of $75.13, reaching a low of $74.24 per share. As of now, KB Home’s stock is down approximately 3.7% for the day. The accompanying chart illustrates the performance of KBH shares over the past year alongside its 200-day moving average:

KB Home 200 Day Moving Average Chart

Over the past year, KB Home has seen a 52-week low of $54.94 per share, while its 52-week high stood at $89.70. The most recent trade occurred at $74.56.

nslideshow Click here to find out which 9 other dividend stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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