NEW YORK ( TheStreet) -- Meritage Homes Corporation (NYSE: MTH) hit a new 52-week low Monday as it is currently trading at $14.48, below its previous 52-week low of $14.50 with 252,520 shares traded as of 2:30 p.m. ET. Average volume has been 410,100 shares over the past 30 days. Meritage Homes has a market cap of $513 million and is part of the industrial goods sector and materials & construction industry. Shares are down 31.8% year to date as of the close of trading on Friday. Meritage Homes Corporation engages in designing and building single-family attached and detached homes in the southern and western United States.
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