New Home Company Inc (NYSE:NWHM) Downgraded by ValuEngine to Strong Sell

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New Home Company Inc stock has undergone multiple analysts rating changes in the recent past.  New Home Company Inc Downgraded by ValuEngine on 10/1/2020. In a note to investors, the firm issued a new rating of Strong Sell. The analysts previously had rating of Sell.

Shares of New Home Company Inc traded up $0.33 on Thursday, reaching $5.44. 0 shares of the stock traded hands, compared to its average volume of 62154. Shares of New Home Company Inc were trading at $5.44 on Thursday. The firm’s 50 day moving average is $4.24 and its 200 day moving average is $3.74.New Home Company Inc has a 12 month low of $5.01 and a 12 month high of $6.00. While on yearly highs and lows, New Home Company Inc’s today has traded high as $5.50 and has touched $5.01 on the downward trend. See More Analyst Rating at: RATING

New Home Company Inc Earnings and What to expect: 

New Home last issued its earnings data on July 30th, 2020. The construction company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by $0.08. The company earned $98.96 million during the quarter. New Home has generated $0.00 earnings per share over the last year. New Home has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, October 29th, 2020 based off prior year’s report dates.

The P/E ratio of New Home is -2.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of New Home is -2.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. New Home has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • 26.00%
  • On 9/4/2019 Director Wayne Stelmar Buy 4,000 at average share price of $3.82 which equates to $15,280.00 in money value.
  • On 8/29/2019 CFO John Martin Stephens Buy 1,500 at average price of  $3.55 with total value of : $5,325.00
  • On 8/29/2019 Director Paul C Heeschen Buy 2,000 at average price of  $3.55 with total value of : $7,100.00

Other owners latest trading in New Home Company Inc :

  • On 9/15/2020 shares held by Two Sigma Advisers LP were 31,800 which equates to market value of $0.11M and appx 0.00% owners of New Home Company Inc
  • On 8/17/2020 shares held by Jacobs Levy Equity Management Inc. were 29,511 which equates to market value of $99K and appx 0.00% owners of New Home Company Inc
  • On 8/14/2020 shares held by Gratia Capital LLC were 224,817 which equates to market value of $0.76M and appx 2.60% owners of New Home Company Inc
  • In total Institutional ownership equates to Institutional Ownership Percentage: 35.57% for New Home Company Inc

Analyst at ValuEngine are also talking about :

  • 10/1/2020 – Viewray was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating. (View)
  • 10/1/2020 – TIM Participacoes was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating. (View)
  • 10/1/2020 – Myovant Sciences was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating. (View)
  • 10/1/2020 – Mplx was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. (View)

New Home Company Inc (NYSE:NWHM) Moving Average Technical Analysis

5 day Moving Average is $5.00 And 5 day price change is $0.83 (18.00%)  with average volume for 5 day average is 105,100. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $4.32 and 20 day price change is $1.15 (26.81%) and average 20 day moving volume is 68,655. 50 day moving average is $4.24  and 50 day price change is $1.21 ( 28.61%)  and with average volume for 50 days is : 77,422. 200 day moving average is $3.74  and 200 day price change is $0.61 (12.63%)  and with average volume for 200 days is : 112,432.

See More Analyst Rating at: RATING