The New Home Company Inc. (NWHM) Plunges 5.1% on December 24

The New Home Company Inc. (NWHM) Plunges 5.1% on December 24

The New Home Company Inc. (NWHM) had a rough trading day for Monday December 24 as shares tumbled 5.1%, or a loss of $-0.27 per share, to close at $5.02. After opening the day at $5.10, shares of The New Home Company Inc. traded as high as $5.23 and as low as $5.02. Volume was 53,433 shares over 442 trades, against an average daily volume of 69,155 shares and a total float of 20.44 million.

As a result of the decline, The New Home Company Inc. now has a market cap of $102.6 million.

The stock has a P/E Ratio of 8.8.

The New Home Co Inc is a homebuilder based in the United States which 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 coastal Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area. The company also offers general contracting services to build homes for independent third-party property owners.

The New Home Company Inc. is based out of Aliso Viejo, CA and has some 281 employees. Its CEO is H. Lawrence Webb.

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