LGI Homes Inc (NASDAQ:LGIH) currently has a daily average trading volume of 305.00K but it saw 238966 shares traded in last market. With a market cap of 1.32B USD, the company’s current market price of $56.28 came rising about 3.93 while comparing to the previous closing price of $54.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $125.83 and as low as $53.13. In the recent trading on the day, stock has struck highest price mark of $53.79 while lowest mark touched by it was $56.5.
Taking a look at 20-day trading activity of LGI Homes Inc (LGIH) gives us an average price of $63.04, while its current price level is -55.27% below from 52-week high level whereas it is 5.93% 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 $71.45 while that of 200 days or SMA-200 reads an average of $95.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.54% during that period while stretching the period over a month that increases to 6.65%. 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 34.67 which implies that the stock is in neutral territory.
Wedbush upgraded its recommendation for the stock as a “Neutral” from “Underperform” on September 09, 2024 while assigning a price target range of $97-$125. Seaport Research Partners issued its recommendations for the stock as it downgraded the price target for the stock is $85.
Over the week, LGIH’s stock price is moving -0.79% down while it is -22.75% when we observe its performance for the past one month. Year-to-date it is -37.05% down and over the past year, the stock is showing a downside performance of -40.84%.
Currently, LGI Homes Inc’s total number of outstanding shares is 23.40M. Company’s return on investment (ROI) stands at 5.57% and return on equity (ROE) at 10.07%. It has a price to earnings ratio (P/E ratio) of 6.78 while having a 5.82 of forward P/E ratio. Stock’s beta reads 1.94. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 0.60. Its return on asset (ROA) is 5.47% on average.
