NEW YORK (

TheStreet

) --

DR Horton Inc

(NYSE:

DHI

) hit a new 52-week low Monday as it is currently trading at $8.87, below its previous 52-week low of $8.90 with 2.8 million shares traded as of 11:51 a.m. ET. Average volume has been six million shares over the past 30 days.

DR Horton has a market cap of $2.9 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are down 25% year to date as of the close of trading on Friday.

D.R. Horton, Inc. operates as a homebuilding company in the United States. The company has a P/E ratio of 91.3, above the average materials & construction industry P/E ratio of 83 and above the S&P 500 P/E ratio of 17.7.

  • Practice your DHI trading strategies and win cash in our stock game.

TheStreet Ratings rates DR Horton as a

hold

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and poor profit margins. You can view the full

DR Horton Ratings Report

.

See all

52-week low stocks

or get investment ideas from our

investment research center

.

null