New Home Company Inc (NYSE:NWHM) Director Paul C. Heeschen acquired 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 7th. The stock was purchased at an average cost of $3.83 per share, for a total transaction of $15,320.00. Following the completion of the purchase, the director now directly owns 73,326 shares of the company’s stock, valued at $280,838.58. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Shares of NYSE NWHM traded up $0.36 during midday trading on Monday, reaching $4.29. 145,946 shares of the company were exchanged, compared to its average volume of 65,916. The stock has a market cap of $78.79 million, a PE ratio of 10.62 and a beta of 1.80. New Home Company Inc has a one year low of $3.62 and a one year high of $10.54. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.10 and a current ratio of 1.10.
New Home (NYSE:NWHM) last posted its earnings results on Friday, May 3rd. The construction company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.04. The firm had revenue of $118.85 million for the quarter. New Home had a negative net margin of 2.35% and a positive return on equity of 2.95%.
NWHM has been the topic of a number of research reports. ValuEngine raised shares of New Home from a “strong sell” rating to a “sell” rating in a research note on Wednesday, March 6th. TheStreet cut shares of New Home from a “c” rating to a “d” rating in a research note on Wednesday, April 3rd. Three investment analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. New Home has an average rating of “Sell”.
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New Home Company Profile
The New Home Company Inc, a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.
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