Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Share Price Crosses 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 $17.34 and traded as low as $17.15. Hovnanian Enterprises, Inc. PFD DEP1/1000A shares last traded at $17.20, with a volume of 2,473 shares changing hands.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Trading Up 0.5 %

The business’s fifty day simple moving average is $17.33 and its 200-day simple moving average is $17.65.

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 issued a dividend of $0.4766 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.91 dividend on an annualized basis and a yield of 11.09%.

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.