May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Homebuilding industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Beazer Homes (NYSE:BZH) is highest with a beta of 2.3. Beazer Homes USA, Inc. designs, builds, and sells single family homes in the Southeast, Southwest, and South Central regions of the United States. The Company's homes are designed to appeal to entry-level and first move-up home buyers. In the past 52 weeks, Beazer Homes share prices have been bracketed by a low of $10.90 and a high of $21.12 and are now at $21.11, 94% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.8% while the 200-day MA has risen 1.0%.
Following is Hovnanian Enterprises (NYSE:HOV) with a beta of 1.9. Finishing up the top three is Pulte Homes (NYSE:PHM), with a beta of 1.8. ---------------------------------------------------------------------------------------------
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