Hovnanian Enterprises Inc (symbol: HOVNP) was one of the worst losers of
the trading day today (2015-08-03), losing -15.84%. The number of shares
that changed hands was 17,756, or about 3 times the average daily volume in
the stock.
The closing price was $9.19, amounting to a market cap of $1,350,000,000,
about -48.89% off the highest price in the last 12 months. The stock has
been trading at a range between $8.61 and $17.98.
HOVNP is in the Homebuilding industry, part of the Capital Goods sector.
Looking at its valuation, the stock is now trading at 4.95 times earnings.
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