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Wells Fargo upgraded LGI Homes (NASDAQ:LGIH) from Underperform to Market Perform in a report released today.

Wells Fargo has upgraded LGI Homes (NASDAQ:LGIH) from Underperform to Market Perform in a statement released on 5/16/2017.

Boasting a price of $32.69, LGI Homes (NASDAQ:LGIH) traded 3.52% higher on the day. With the last close up 9.99% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. LGI Homes has recorded a 50-day average of $31.62 and a two hundred day average of $30.77. Volume of trade was down over the average, with 38,231 shares of LGIH changing hands under the typical 418,700

Performance Chart

LGI Homes (NASDAQ:LGIH)

With a total market value of $0, LGI Homes has price-earnings ratio of 10.16 with a one year low of $23.86 and a one year high of $40.47 .

More About LGI Homes (NASDAQ:LGIH)

LGI Homes, Inc. is a homebuilder and land developer. The Company is engaged in the design, construction, marketing and sale of new homes in markets in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina, Colorado, Washington and Tennessee. The Company operates through five segments: the Texas division, the Southwest division, the Southeast division, the Florida division and the Northwest division. The Texas division includes homebuilding operations in Houston, Dallas/Fort Worth, San Antonio and Austin locations. The Southwest division includes homebuilding operations in Phoenix, Tucson, Albuquerque, Denver and Colorado Springs locations. The Southeast division includes homebuilding operations in Atlanta, Charlotte and Nashville locations. The Florida division includes homebuilding operations in Tampa, Orlando, Fort Myers and Jacksonville locations. The Northwest division includes homebuilding operations in Seattle location.

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