New Home (NYSE:NWHM) posted its quarterly earnings results on Thursday. The construction company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.08), MarketWatch Earnings reports. The company had revenue of $98.96 million during the quarter. New Home had a negative net margin of 6.53% and a positive return on equity of 0.67%.
Shares of NWHM traded down $0.54 during mid-day trading on Friday, reaching $3.46. The company’s stock had a trading volume of 70,447 shares, compared to its average volume of 74,871. New Home has a 12-month low of $0.94 and a 12-month high of $6.00. The stock has a market cap of $62.90 million, a PE ratio of 49.43 and a beta of 2.94. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.82 and a quick ratio of 1.82. The company’s 50 day moving average is $3.58 and its 200 day moving average is $3.49.
Separately, ValuEngine lowered New Home from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 18th.
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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