NVR Stock Hits New 52-Week High (NVR)

NEW YORK ( TheStreet) -- NVR (NYSE: NVR) hit a new 52-week high Wednesday as it is currently trading at $804.39, above its previous 52-week high of $799.51 with 17,406 shares traded as of 10:58 a.m. ET. Average volume has been 31,300 shares over the past 30 days.

NVR has a market cap of $3.97 billion and is part of the industrial goods sector and materials & construction industry. Shares are up 15.5% year to date as of the close of trading on Tuesday.

NVR, Inc. operates as a homebuilder in the United States. The company has a P/E ratio of 32.1, above the average materials & construction industry P/E ratio of 31.8 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates NVR as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full NVR Ratings Report.

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