Hovnanian Enterprises Inc. Cl A (HOV) Drops 5.63% on February 08

Equities Staff |

Hovnanian Enterprises Inc. Cl A (HOV) was one of the Russell 2000's biggest losers for Monday February 08 as the stock slid 5.63% to $1.34, a loss of $-0.08 per share. Starting at an opening price of $1.42 a share, the stock traded between $1.32 and $1.43 over the course of the trading day. Volume was 1.3 million shares over 3,489 trades, against an average daily volume of 1.99 million shares and a total float of 146.52 million.

The losses send Hovnanian Enterprises Inc. Cl A down to a market cap of $196.33 million. In the last year, Hovnanian Enterprises Inc. Cl A has traded between $3.89 and $1.19, and its 50-day SMA is currently $1.66 and 200-day SMA is $2.15.

Hovnanian Enterprises Inc designs, constructs, markets and sells single-family detached homes, attached townhomes and condominiums, urban infill and active lifestyle homes in planned residential developments.

Hovnanian Enterprises Inc. Cl A is based out of Red Bank, NJ and has some 2,078 employees. Its CEO is Ara K. Hovnanian.

For a complete fundamental analysis analysis of Hovnanian Enterprises Inc. Cl A, check out Equities.com’s Stock Valuation Analysis report for HOV. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

Altair Resources Inc.

Altair Resources Inc, formerly Altair Gold Inc acquires, explores and develops mineral properties in Canada. The Company is in the process of exploring its mineral properties.

Private Markets

Ozobot by Evollve Inc

Ozobot is a world leader in compact super intelligent robots that entertain and educate through fun interactive gaming.

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…