Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Passes Below 50-Day Moving Average – Should You Sell?

Shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $17.78 and traded as low as $17.60. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.77, with a volume of 3,866 shares traded.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Trading Up 0.2 %

The stock’s 50-day moving average is $17.78 and its 200 day moving average is $17.93.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a dividend yield of 10.73%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.