New Home Company Inc (NWHM) Drops 5.85% on February 02

Equities Staff |

New Home Company Inc (NWHM) was one of the Russell 2000's biggest losers for Tuesday February 02 as the stock slid 5.85% to $9.02, a loss of $-0.56 per share. Starting at an opening price of $9.45 a share, the stock traded between $9.00 and $9.56 over the course of the trading day. Volume was 57,895 shares over 338 trades, against an average daily volume of 93,693 shares and a total float of 16.52 million.

The losses send New Home Company Inc down to a market cap of $148.98 million. In the last year, New Home Company Inc has traded between $17.97 and $8.74, and its 50-day SMA is currently $12.10 and 200-day SMA is $14.37.

The stock has a P/E Ratio of 10.3.

The New Home Company Inc is a homebuilding company, engaged in the design, construction and sale of consumer-driven homes in metropolitan areas within select growth markets in California.

New Home Company Inc is based out of Aliso Viejo, CA and has some 234 employees. Its CEO is H. Lawrence Webb.

For a complete fundamental analysis analysis of New Home Company Inc, check out Equities.com’s Stock Valuation Analysis report for NWHM. 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.



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