Hovnanian Enterprises (HOV) Shares Cross Below 200 DMA

In trading on Wednesday, shares of Hovnanian Enterprises, Inc. ( HOV) crossed below their 200 day moving average of $5.54, changing hands as low as $5.38 per share. Hovnanian Enterprises, Inc. shares are currently trading off about 10.9% on the day. The chart below shows the one year performance of HOV shares, versus its 200 day moving average:

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Hovnanian Enterprises, Inc. 200 Day Moving Average Chart

Looking at the chart above, HOV's low point in its 52 week range is $4.65 per share, with $6.80 as the 52 week high point — that compares with a last trade of $5.41.

According to the ETF Finder at ETF Channel, HOV makes up 1.48% of the iShares U.S. Home Construction ETF ( ITB) which is trading lower by about 1.1% on the day Wednesday.

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