Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $17.59 and traded as low as $17.06. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.16, with a volume of 3,871 shares trading hands.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

The firm has a 50-day moving average price of $17.59 and a 200-day moving average price of $17.77.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were paid a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 11.11%. The ex-dividend date of this dividend was Tuesday, December 31st.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

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.