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NEW YORK ( TheStreet) -- Hovnanian Enterprises Inc (NYSE: HOV) hit a new 52-week low Monday as it is currently trading at $1.16, below its previous 52-week low of $1.20 with 217,943 shares traded as of 9:40 a.m. ET. Average volume has been two million shares over the past 30 days. Hovnanian Enterprises has a market cap of $103.7 million and is part of the industrial goods sector and materials & construction industry. Shares are down 69.9% year to date as of the close of trading on Friday. Hovnanian Enterprises, Inc. engages in homebuilding and financial services businesses in the United States.