NEW YORK, Feb. 7, 2018 /PRNewswire/ — WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on HOV, KBH, LEN, and MDC which can be accessed for free by signing up to www.wallstequities.com/registration. According to several recent reports from the National Association of Home Builders, Residential Construction is starting the year out right, showing significant signs of growth and room for expansion in 2018, said EC&M in an article published last January. For this morning, WallStEquities.com covers four industry players to see how they have fared over the past trading sessions: Hovnanian Enterprises Inc. (NYSE: HOV), KB Home (NYSE: KBH), Lennar Corp. (NYSE: LEN), and M.D.C. Holdings Inc. (NYSE: MDC). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Red Bank, New Jersey headquartered Hovnanian Enterprises Inc.’s shares gained slightly by 0.50%, closing Tuesday’s trading session at $2.01. The stock recorded a trading volume of 3.46 million shares, which was above its three months average volume of 2.29 million shares. The Company’s shares are trading 15.11% below their 200-day moving average. Additionally, shares of Hovnanian Enterprises, which designs, constructs, markets, and sells residential homes in the US, have a Relative Strength Index (RSI) of 27.19.
On February 02nd, 2018, Hovnanian Enterprises (HOV) announced that it has closed its previously announced financing transactions with GSO Capital Partners L.P., Blackstone’s credit platform, and certain funds managed or advised by it. As part of such financing transactions, HOV’s wholly owned subsidiary, K. Hovnanian Enterprises, Inc., accepted all of the $170,226,000 aggregate principal amount of the 8.000% Senior Notes due 2019 tendered in its previously announced exchange offer with respect to the 8% 2019 Notes (representing 72.14% of the aggregate principal amount outstanding prior to the exchange offer). Get the full research report on HOV for free by clicking below at:
On Tuesday, shares in California headquartered KB Home recorded a trading volume of 4.33 million shares, which was above their three months average volume of 2.55 million shares. The stock rose 3.69%, ending the day at $31.19. The Company’s shares have advanced 15.01% in the previous three months and 89.03% over the past year. The stock is trading above its 200-day moving average by 22.00%. Furthermore, shares of KB Home, which operates as a