Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Price Passes Below Fifty Day Moving Average of $18.11

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.11 and traded as low as $17.95. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.97, with a volume of 1,867 shares traded.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Down 1.0 %

The firm’s 50-day moving average price is $18.11 and its two-hundred day moving average price is $18.05.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were given a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 10.61%. The ex-dividend date of this dividend was Thursday, March 28th.

Insider Transactions at Hovnanian Enterprises, Inc. PFD DEP1/1000A

In other news, CEO Ara K. Hovnanian sold 1,000 shares of the business’s stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $157.82, for a total value of $157,820.00. Following the completion of the sale, the chief executive officer now directly owns 51,475 shares in the company, valued at $8,123,784.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

for a complete listing of all our available career opportunities, please visit khov.com/careers. hovnanian enterprises, inc., founded in 1959 by kevork s. hovnanian, is headquartered in red bank, new jersey. the company is one of the nation’s largest homebuilders with operations in arizona, california, delaware, florida, georgia, illinois, maryland, new jersey, ohio, pennsylvania, south carolina, texas, virginia, washington, d.c.