Tri Pointe Homes Inc (NYSE:TPH) currently has a daily average trading volume of 828.90K but it saw 661596 shares traded in last market. With a market cap of 3.51B USD, the company’s current market price of $37.53 came rising about 0.83 while comparing to the previous closing price of $37.22. 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 $36.8946 while lowest mark touched by it was $37.58.
Taking a look at 20-day trading activity of Tri Pointe Homes Inc (TPH) gives us an average price of $36.37, while its current price level is -21.45% below from 52-week high level whereas it is 12.89% 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 $39.46 while that of 200 days or SMA-200 reads an average of $40.49. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.60% during that period while stretching the period over a month that decreases to 2.54%. 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 50.71 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 3.62% up while it is 1.96% when we observe its performance for the past one month. Year-to-date it is 3.50% up and over the past year, the stock is showing an upside performance of 6.89%.
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 7.78 while having a 8.33 of forward P/E ratio. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 1.08 while price to sale or P/S ratio amounts to 0.78. Its return on asset (ROA) is 9.57% on average.
