Tri Pointe Homes Inc (NYSE:TPH) currently has a daily average trading volume of 722.21K but it saw 864104 shares traded in last market. With a market cap of 3.75B USD, the company’s current market price of $40.08 came falling about -1.01 while comparing to the previous closing price of $40.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.78 and as low as $30.27. In the recent trading on the day, stock has struck highest price mark of $39.97 while lowest mark touched by it was $40.505.
Taking a look at 20-day trading activity of Tri Pointe Homes Inc (TPH) gives us an average price of $42.23, while its current price level is -16.12% below from 52-week high level whereas it is 32.41% 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 $42.61 while that of 200 days or SMA-200 reads an average of $40.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.14% during that period while stretching the period over a month that increases to 2.23%. 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 35.31 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 -3.47% down while it is -4.18% when we observe its performance for the past one month. Year-to-date it is 13.22% up and over the past year, the stock is showing an upside performance of 30.05%.
Currently, Tri Pointe Homes Inc’s total number of outstanding shares is 93.59M. Company’s return on investment (ROI) stands at 10.87% and return on equity (ROE) at 14.96%. It has a price to earnings ratio (P/E ratio) of 8.31 while having a 8.83 of forward P/E ratio. Stock’s beta reads 1.61. Stock has a price to book (P/B) ratio of 1.15 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 9.57% on average.
