Shares of United Homes Group, Inc. (NASDAQ:UHG – Get Free Report) rose 4.3% on Tuesday . The stock traded as high as $6.36 and last traded at $6.11. Approximately 22,259 shares traded hands during trading, a decline of 13% from the average daily volume of 25,652 shares. The stock had previously closed at $5.86.
United Homes Group Trading Up 4.3 %
The company has a 50 day moving average of $5.91 and a 200 day moving average of $5.93. 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 capitalization of $295.78 million, a price-to-earnings ratio of -10.36 and a beta of 0.61.
Institutional Trading of United Homes Group
Several large investors have recently added to or reduced their stakes in UHG. Barclays PLC grew its holdings in shares of 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 purchasing an additional 5,421 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in shares of United Homes Group during the 3rd quarter worth $97,000. Boston Partners grew its holdings in shares of United Homes Group by 9.8% during the 1st quarter. Boston Partners now owns 297,069 shares of the company’s stock worth $2,077,000 after purchasing an additional 26,441 shares during the period. Finally, Stoneridge Investment Partners LLC purchased a new position in shares of United Homes Group during the 3rd quarter worth $298,000. 88.85% of the stock is currently owned by hedge funds and other institutional investors.
United Homes Group Company Profile
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.
Featured Stories
- Five stocks we like better than United Homes Group
- How to Invest in the Best Canadian Stocks
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- EV Stocks and How to Profit from Them
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- What is a Death Cross in Stocks?
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for United Homes Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Homes Group and related companies with MarketBeat.com's FREE daily email newsletter.
