Cavco Industries Hits New 12-Month High at $80.00 (CVCO)
Cavco Industries (NASDAQ:CVCO)’s share price hit a new 52-week high during mid-day trading on Wednesday , Analyst Ratings News reports. The company traded as high as $80.00 and last traded at $78.00, with a volume of 19,492 shares changing hands. The stock had previously closed at $76.75.
The stock has a 50-day moving average of $74.04 and a 200-day moving average of $63.01. The company has a market cap of $693.3 million and a P/E ratio of 45.12.
Cavco Industries (NASDAQ:CVCO) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.66 earnings per share for the quarter. On average, analysts predict that Cavco Industries will post $2.05 earnings per share for the current fiscal year.
In other Cavco Industries news, Director Steven Bunger sold 5,000 shares of Cavco Industries stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $73.51, for a total value of $367,550.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Cavco Industries, Inc is a producer of manufactured homes in the United States. The Company designs and produces factory-built homes primarily distributed through a network of independent and Company-owned retailers.
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