Let’s start up with the current stock price of Hovnanian Enterprises Inc. (HOV), which is $33.34 to be very precise. The Stock rose vividly during the last session to $34.20 after opening rate of $32.50 while the lowest price it went was recorded $31.81 before closing at $32.65.
Recently in News on September 3, 2020, Hovnanian Enterprises Reports Fiscal 2020 Third Quarter Results. 30% Year-over-Year Increase in Total Revenues $23 Million Year-over-Year Improvement in Pretax Income 47% Year-over-Year Improvement in Consolidated Contracts. You can read further details here
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Hovnanian Enterprises Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $38.18 on 10/09/20, with the lowest value was $5.12 for the same time period, recorded on 03/18/20.
Hovnanian Enterprises Inc. (HOV) full year performance was 32.67%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Hovnanian Enterprises Inc. shares are logging -12.68% during the 52-week period from high price, and 551.17% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $5.12 and $38.18.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1229970 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Hovnanian Enterprises Inc. (HOV) recorded performance in the market was 59.75%, having the revenues showcasing 43.09% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 174.37M, as it employees total of 1868 workers.
Analysts verdict on Hovnanian Enterprises Inc. (HOV)
During the last month, 0 analysts gave the Hovnanian Enterprises Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 28.39, with a change in the price was noted +5.68. In a similar fashion, Hovnanian Enterprises Inc. posted a movement of +20.54% for the period of last 100 days, recording 190,236 in trading volumes.
Hovnanian Enterprises Inc. (HOV): Technical Analysis
Raw Stochastic average of Hovnanian Enterprises Inc. in the period of last 50 days is set at 60.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 40.47%. In the last 20 days, the company’s Stochastic %K was 32.70% and its Stochastic %D was recorded 31.60%.
Let’s take a glance in the erstwhile performances of Hovnanian Enterprises Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 59.75%. Additionally, trading for the stock in the period of the last six months notably improved by 184.96%, alongside a boost of 32.67% for the period of the last 12 months. The shares increased approximately by 7.55% in the 7-day charts and went up by 2.52% in the period of the last 30 days. Common stock shares were driven by 43.09% during last recorded quarter.