NVR Stock Hits New 52-Week High (NVR)

NEW YORK ( TheStreet) -- NVR (NYSE: NVR) hit a new 52-week high Friday as it is currently trading at $769, above its previous 52-week high of $768.31 with 9,524 shares traded as of 11:34 a.m. ET. Average volume has been 34,900 shares over the past 30 days.

NVR has a market cap of $3.72 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 10.3% year to date as of the close of trading on Thursday.

NVR, Inc. operates as a homebuilder in the United States. The company has a P/E ratio of 33, above the average materials & construction industry P/E ratio of 31.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NVR as a buy. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full NVR Ratings Report.

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