United Homes Group Inc (NASDAQ:UHG) price on Friday, May 23, rose 8.81% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.10.
A look at the stock’s price movement, the close in the last trading session was $1.93. The PE ratio in trailing twelve months stood at 3.15. Turning to its 52-week performance, $7.80 and $1.60 were the 52-week high and 52-week low respectively. Overall, UHG moved -7.49% over the past month.
United Homes Group Inc’s market cap currently stands at around $123.06 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that UHG is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
UHG’s current price about 11.02% and -12.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.55, while 7-day volatility ratio is 6.57% and 5.79% in the 30-day chart. Further, United Homes Group Inc (UHG) has a beta value of 0.95, and an average true range (ATR) of 0.27.
If we refocus on United Homes Group Inc (NASDAQ:UHG), historical trading data shows that trading volumes averaged 190.58K over the past 3 months. The company’s latest data on shares outstanding shows there are 21.63 million shares.
The 80.01% of United Homes Group Inc’s shares are in the hands of company insiders while institutional holders own 19.77% of the company’s shares. Current price change has pushed the stock -50.35% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the UHG stock continues to rise going into the next quarter.
