Shares of United Homes Group, Inc. (NASDAQ:UHG - Get Free Report) fell 4.5% during mid-day trading on Monday . The company traded as low as $2.23 and last traded at $2.35. 73,095 shares traded hands during trading, an increase of 57% from the average session volume of 46,634 shares. The stock had previously closed at $2.46.
United Homes Group Stock Down 3.2 %
The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.58 and a current ratio of 6.62. The stock has a market cap of $122.48 million, a P/E ratio of -3.54 and a beta of 0.93. The firm's 50-day moving average is $3.29 and its two-hundred day moving average is $4.50.
United Homes Group (NASDAQ:UHG - Get Free Report) last released its quarterly earnings data on Wednesday, March 12th. The company reported $0.16 earnings per share for the quarter. United Homes Group had a negative net margin of 4.58% and a positive return on equity of 1,250.34%. The business had revenue of $134.81 million for the quarter.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in UHG. Northern Trust Corp boosted its stake in shares of United Homes Group by 7.3% in the fourth quarter. Northern Trust Corp now owns 54,357 shares of the company's stock valued at $230,000 after buying an additional 3,720 shares during the period. Barclays PLC boosted its position in United Homes Group by 260.8% during the 3rd quarter. Barclays PLC now owns 7,500 shares of the company's stock worth $46,000 after buying an additional 5,421 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of United Homes Group by 189.0% during the third quarter. JPMorgan Chase & Co. now owns 8,998 shares of the company's stock worth $55,000 after purchasing an additional 5,884 shares during the period. Wolverine Asset Management LLC grew its position in shares of United Homes Group by 157.9% in the 4th quarter. Wolverine Asset Management LLC now owns 10,265 shares of the company's stock valued at $43,000 after buying an additional 6,285 shares during the last quarter. Finally, Stoneridge Investment Partners LLC increased its position in United Homes Group by 16.8% during the 4th quarter. Stoneridge Investment Partners LLC now owns 56,776 shares of the company's stock valued at $240,000 after purchasing an additional 8,187 shares during the period. 88.85% of the stock is currently owned by institutional investors.
United Homes Group Company Profile
(
Get Free Report)
United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.
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