Hovnanian Enterprises Inc (HOV) : During the past 4 weeks, traders have been relatively bearish on Hovnanian Enterprises Inc (HOV), hence the stock is down -4.94% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.01% relative to the S&P 500. The 4-week change in the price of the stock is -3.95% and the stock has fallen -3.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 4.76% and the 50-Day Moving Average is 1.6%. Hovnanian Enterprises Inc (NYSE:HOV): On Fridays trading session , Opening price of the stock was $1.77 with an intraday high of $1.81. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.68. However, the stock managed to close at $1.7, a loss of 3.95% for the day. On the previous day, the stock had closed at $1.77. The total traded volume of the day was 1,621,824 shares.
The company Insiders own 16.54% of Hovnanian Enterprises Inc shares according to the proxy statements. Institutional Investors own 30.49% of Hovnanian Enterprises Inc shares. During last six month period, the net percent change held by insiders has seen a change of 14.96%.
Hovnanian Enterprises, Inc. (Hovnanian) design, construct, market, and sell single-family detached homes, attached townhomes and condominiums, urban infill, and active adult homes in planned residential developments. The Company consists of two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast, including New Jersey and Pennsylvania; Mid-Atlantic, including Delaware, Maryland, Virginia, West Virginia, and Washington, D.C; Midwest, including Illinois, Minnesota and Ohio; Southeast, including Florida, Georgia, North Carolina and South Carolina; Southwest, including Arizona and Texas, and West, including California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. During fiscal year ended October 31, 2013 (fiscal 2013), the Company had delivered 5,266 homes.