KB Home (KBH) Soars 8.55% on September 29

KB Home (KBH) had a good day on the market for Friday September 29
as
shares jumped 8.55% to close at $24.12. About 12.78 million shares traded hands on 57,057 trades for the day, compared with an average daily volume of
2.3 million shares out of a total float of 85.55 million. After opening the trading day at $23.15, shares of KB Home stayed within a range of $24.61 to
$23.03.

With today’s gains, KB Home now has a market cap of
$2.06 billion.

The stock has a P/E Ratio of 17.1. Shares of KB Home have been trading within a range of $24.37
and $14.06 over the last year, and it had a 50-day SMA of $22.19 and a 200-day SMA of $20.06.

KB Home is engaged in the residential construction market. The Company’s offers a variety of new homes, move-up and active adult homebuyers, including attached and detached single-family residential homes.

KB Home is based out of Los Angeles, CA and has some 1,790 employees. Its CEO is Jeffrey T. Mezger.

For a complete fundamental analysis of KB Home, check out Equities.com’s Stock Valuation Analysis report for
KBH
.

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KB Home is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell
Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an
objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives
a broad, unbiased look at the small-cap market as a whole.


To get more information on KB Home and to follow the company’s latest updates, you can visit the company’s profile page here:
KBH’s Profile
. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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