Media coverage about New Home (NYSE:NWHM) has been trending positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. New Home earned a media sentiment score of 0.29 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 46.0551998655712 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Blue Mesa Health Inc. Achieves ‘Preliminary’ Recognition Status From CDC for Diabetes Prevention Program Transform (prnewswire.com)
- Watch New Trailer for HBO’s Upcoming Andre the Giant Documentary (broadwayworld.com)
- ‘Wolf of Wall Street’ film company to pay $60M settlement (cnbc.com)
- New Mexico Attorney General Goes After Rooftop Solar Company (usnews.com)
- Megan Eltringham and Melanie Andrews of The New Home Company Named to Professional Builder’s 40 Under 40 Class of 2018 (finance.yahoo.com)
New Home (NYSE:NWHM) traded down $0.27 during mid-day trading on Wednesday, hitting $11.49. 18,505 shares of the stock traded hands, compared to its average volume of 110,086. The firm has a market capitalization of $245.72, a price-to-earnings ratio of 14.15 and a beta of 1.65. New Home has a twelve month low of $9.75 and a twelve month high of $13.55. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.21.
NWHM has been the topic of several research reports. ValuEngine upgraded shares of New Home from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 23rd. JMP Securities lowered shares of New Home from an “outperform” rating to a “market perform” rating in a research report on Thursday, February 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $13.00 price target (up from $12.00) on shares of New Home in a research report on Tuesday, February 20th. Finally, Zacks Investment Research lowered shares of New Home from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd.
In other New Home news, insider Joseph David Davis sold 2,907 shares of the stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $12.05, for a total transaction of $35,029.35. Following the transaction, the insider now owns 35,126 shares of the company’s stock, valued at $423,268.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Lp Tcn/Tnhc sold 27,791 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $12.14, for a total transaction of $337,382.74. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 236,100 shares of company stock worth $2,956,974. 24.20% of the stock is owned by company insiders.
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New Home Company Profile
The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.
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