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

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) 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.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Down 0.2 %

The business has a fifty day moving average of $17.57 and a two-hundred day moving average of $17.76.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a dividend of $0.4766 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.91 annualized dividend and a yield of 11.10%.

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.