Critical Media Coverage Extremely Likely to Impact New Home (NYSE:NWHM) Stock Price

News headlines about New Home (NYSE:NWHM) have been trending negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Home earned a news sentiment score of -2.00 on their scale. InfoTrie also assigned news stories about the construction company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next several days.

Separately, ValuEngine upgraded shares of New Home from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd.

Shares of NWHM stock opened at $4.47 on Thursday. The firm’s 50 day moving average price is $4.22 and its 200-day moving average price is $4.33. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.10 and a current ratio of 1.10. New Home has a one year low of $3.46 and a one year high of $8.32. The firm has a market cap of $87.62 million, a P/E ratio of 10.38 and a beta of 1.69.

New Home (NYSE:NWHM) last issued its quarterly earnings data on Tuesday, July 30th. The construction company reported $0.06 EPS for the quarter. New Home had a negative net margin of 2.10% and a positive return on equity of 3.43%. The firm had revenue of $162.75 million for the quarter.

In related news, CEO Alan S. Knitowski acquired 43,750 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were purchased at an average cost of $1.35 per share, for a total transaction of $59,062.50. Over the last 90 days, insiders bought 69,250 shares of company stock worth $155,318. Company insiders own 23.20% of the company’s stock.

About New Home

The New Home Company Inc, a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.

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