United Homes Group (NASDAQ:UHG) Posts Quarterly Earnings Results

United Homes Group (NASDAQ:UHG) posted its quarterly earnings data on Wednesday. The company reported $0.16 EPS for the quarter, Zacks reports. United Homes Group had a positive return on equity of 1,250.34% and a negative net margin of 4.58%.

United Homes Group Stock Performance

UHG opened at $3.74 on Wednesday. United Homes Group has a 12-month low of $3.24 and a 12-month high of $7.80. The firm has a market capitalization of $180.90 million, a P/E ratio of -6.26 and a beta of 0.81. The stock’s 50 day moving average price is $4.07 and its two-hundred day moving average price is $5.06. The company has a quick ratio of 1.58, a current ratio of 6.62 and a debt-to-equity ratio of 7.16.

Insider Activity

In related news, COO Ray Shelton Twine III acquired 10,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was acquired at an average price of $4.55 per share, with a total value of $45,500.00. Following the completion of the transaction, the chief operating officer now owns 196,736 shares of the company’s stock, valued at approximately $895,148.80. This represents a 5.36 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 85.30% of the stock is owned by company insiders.

United Homes Group Company Profile

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.