Tri Pointe Homes Inc. (NYSE:TPH) currently has a daily average trading volume of 779.45K but it saw 1329466 shares traded in last market. With a market cap of 3.81B USD, the company’s current market price of $40.73 came falling about -4.19 while comparing to the previous closing price of $42.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.78 and as low as $24.18. In the recent trading on the day, stock has struck highest price mark of $40.41 while lowest mark touched by it was $43.71.
Taking a look at 20-day trading activity of Tri Pointe Homes Inc. (TPH) gives us an average price of $44.34, while its current price level is -14.76% below from 52-week high level whereas it is 68.46% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $43.94 while that of 200 days or SMA-200 reads an average of $39.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.15% during that period while stretching the period over a month that decreases to 2.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.71 which implies that the stock is in neutral territory.
RBC Capital Mkts upgraded its recommendation for the stock as a “Outperform” from “Sector Perform” on March 13, 2024 while assigning a price target of $38. Wedbush issued its recommendations for the stock as it downgraded the price target for the stock is $32.
Over the week, TPH’s stock price is moving -11.86% down while it is -7.68% when we observe its performance for the past one month. Year-to-date it is 15.06% up and over the past year, the stock is showing an upside performance of 62.47%.
Currently, Tri Pointe Homes Inc.’s total number of outstanding shares is 95.53M. Company’s return on investment (ROI) stands at 10.27% and return on equity (ROE) at 14.09%. It has a price to earnings ratio (P/E ratio) of 9.25 while having a 8.55 of forward P/E ratio. Stock’s beta reads 1.59. Stock has a price to book (P/B) ratio of 1.22 while price to sale or P/S ratio amounts to 0.91. Its return on asset (ROA) is 9.07% on average.
