Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Crosses Below 50-Day Moving Average of $18.10

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $18.10 and traded as low as $17.94. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.99, with a volume of 5,425 shares traded.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Down 0.3 %

The firm has a fifty day moving average price of $18.10 and a 200 day moving average price of $18.10.

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

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Monday, April 1st were given a dividend of $0.4766 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.91 annualized dividend and a yield of 10.60%.

Insider Buying and Selling

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

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

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.