For the readers interested in the stock health of TRI Pointe Group Inc. (TPH). It is currently valued at $18.21. When the transactions were called off in the previous session, Stock hit the highs of $18.56, after setting-off with the price of $18.11. Company’s stock value dipped to $18.01 during the trading on the day. When the trading was stopped its value was $18.10.
Recently in News on November 11, 2020, TRI Pointe Group, Inc. Announces $250 Million Stock Repurchase Program. TRI Pointe Group, Inc. (NYSE:TPH) today announced that its Board of Directors has approved a new stock repurchase program authorizing the repurchase of up to $250 million of Company common stock through December 31, 2021 (the “Repurchase Program”). As of November 11, 2020, the Company had completed its prior stock repurchase program that was authorized earlier this year, pursuant to which the Company purchased an aggregate of 12,339,254 shares of common stock for approximately $200 million. You can read further details here
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TRI Pointe Group 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 $19.59 on 10/16/20, with the lowest value was $5.89 for the same time period, recorded on 03/19/20.
TRI Pointe Group Inc. (TPH) full year performance was 19.96%
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, TRI Pointe Group Inc. shares are logging -7.04% during the 52-week period from high price, and 209.17% 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 $5.89 and $19.59.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2368860 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 TRI Pointe Group Inc. (TPH) recorded performance in the market was 16.88%, having the revenues showcasing 2.07% 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 2.26B, as it employees total of 1386 workers.
Market experts do have their say about TRI Pointe Group Inc. (TPH)
During the last month, 5 analysts gave the TRI Pointe Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 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 17.24, with a change in the price was noted +4.05. In a similar fashion, TRI Pointe Group Inc. posted a movement of +28.60% for the period of last 100 days, recording 1,617,613 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TPH is recording 0.61 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.61.
Technical breakdown of TRI Pointe Group Inc. (TPH)
Raw Stochastic average of TRI Pointe Group Inc. in the period of last 50 days is set at 60.00%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 85.54%. In the last 20 days, the company’s Stochastic %K was 70.43% and its Stochastic %D was recorded 58.12%.
Bearing in mind the latest performance of TRI Pointe Group Inc., several 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 16.88%. Additionally, trading for the stock in the period of the last six months notably improved by 37.43%, alongside a boost of 19.96% for the period of the last 12 months. The shares increased approximately by 4.30% in the 7-day charts and went up by -3.24% in the period of the last 30 days. Common stock shares were driven by 2.07% during last recorded quarter.