By one measure, price-to-earnings ratio, Hovnanian Enterprises, Inc. Cla -
$HOV is the cheapest stock in the Homebuilding industry.
HOV has a P/E of 1.04 while the average stock in the industry goes for
13.410771.
The stock last changed hands for $1.77. In the past year, it has traded in
a range between $1.37 - $4.42
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