Why Meritage Homes's Stock is Trading Lower Today
Meritage Homes's Stock Price And Volume Action
Meritage Homes's (NYSE:MTH) stock has been falling Friday, down 4.28% to a price of $82.78. The stock's current volume for the day is 110.97 thousand, which is approximately 18.96% of its previous 30-day average volume of 585.37 thousand.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Meritage Homes shares are trading lower after multiple firms downgraded the stock.
Further Analysis of Recent Price Action
The 50-day moving average price of Meritage Homes's stock was $87.41 when this article was published. The stock reached a high of $117.06 and a low of $25.24 in the past 52 weeks.
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