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

Shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $17.54 and traded as low as $17.14. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.19, with a volume of 5,881 shares trading hands.

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

The stock’s 50-day moving average price is $17.54 and its 200 day moving average price is $17.74.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a yield of 11.09%. 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.