The New Home Company Inc. (NWHM) Plunges 10.2% on February 15

The New Home Company Inc. (NWHM) Plunges 10.2% on February 15

The New Home Company Inc. (NWHM) had a rough trading day for Friday February 15 as shares tumbled 10.2%, or a loss of $-0.7 per share, to close at $6.16. After opening the day at $6.83, shares of The New Home Company Inc. traded as high as $7.10 and as low as $6.15. Volume was 90,975 shares over 616 trades, against an average daily volume of 72,762 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 $125.9 million.

The stock has a P/E Ratio of 11.

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 .

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