United Homes Group (NASDAQ:UHG) Releases Quarterly Earnings Results

United Homes Group (NASDAQ:UHG) issued its earnings results on Wednesday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. United Homes Group had a positive return on equity of 1,250.34% and a negative net margin of 4.58%.

United Homes Group Stock Down 0.9 %

Shares of NASDAQ:UHG opened at $3.74 on Wednesday. The company has a market capitalization of $180.90 million, a PE ratio of -6.26 and a beta of 0.81. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62. The company’s fifty day moving average is $4.07 and its 200-day moving average is $5.06. United Homes Group has a 52 week low of $3.24 and a 52 week high of $7.80.

Insider Activity at United Homes Group

In other United Homes Group news, COO Ray Shelton Twine III purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of $4.55 per share, with a total value of $45,500.00. Following the acquisition, the chief operating officer now directly owns 196,736 shares of the company’s stock, valued at approximately $895,148.80. This trade represents a 5.36 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 85.30% of the stock is currently owned by insiders.

About United Homes Group

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.