Tri Pointe Homes Inc (NYSE:TPH) currently has a daily average trading volume of 734.84K but it saw 1473841 shares traded in last market. With a market cap of 3.43B USD, the company’s current market price of $36.60 came falling about -0.57 while comparing to the previous closing price of $36.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.78 and as low as $33.24. In the recent trading on the day, stock has struck highest price mark of $36.06 while lowest mark touched by it was $37.015.
Taking a look at 20-day trading activity of Tri Pointe Homes Inc (TPH) gives us an average price of $41.27, while its current price level is -23.40% below from 52-week high level whereas it is 10.09% 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 $42.01 while that of 200 days or SMA-200 reads an average of $40.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.12% during that period while stretching the period over a month that decreases to 2.45%. 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 22.55 which implies that the stock is in oversold 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 -8.68% down while it is -12.23% when we observe its performance for the past one month. Year-to-date it is 3.39% up and over the past year, the stock is showing an upside performance of 6.67%.
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 7.59 while having a 7.97 of forward P/E ratio. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 0.76. Its return on asset (ROA) is 9.57% on average.
