Beazer Homes USA (BZH) Up 5% After Citi Upgrade

Beazer Homes USA Inc (NYSE: BZH) shares finished Tuesday trading up 4.96% at $5.50 per share and continued upwards in after hours trading.

Earlier, Citi Investment Research & Analysis analyst Josh Levin upgraded Beazer Homes USA to a Buy rating.

Beazer Homes USA Inc opened Tuesday morning at $5.65 per share, then climbed to its daily high before steadily falling the rest of the day, trading between $5.47 and $5.92 per share.

Volume of 12 million shares shares was 2.7 times greater than the daily average volume of nearly 4.4 million shares.

Beazer Homes USA Inc has a 52 week trading range of $1.36 to $7.08 per share and a market capitalization of $342 million.