Shares of A V Homes Inc. (NASDAQ:AVHI) gapped up prior to trading on Wednesday . The stock had previously closed at $13.12, but opened at $13.14. A V Homes shares last traded at $13.61, with a volume of 21,728 shares.

Separately, Zacks Investment Research lowered A V Homes from a “buy” rating to a “hold” rating in a report on Monday, July 18th.

The firm has a market capitalization of $308.24 million and a price-to-earnings ratio of 16.95. The company has a 50 day moving average price of $12.43 and a 200-day moving average price of $11.34.

A V Homes (NASDAQ:AVHI) last announced its quarterly earnings results on Thursday, April 28th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by $0.01. On average, equities research analysts expect that A V Homes Inc. will post $1.08 earnings per share for the current year.

A hedge fund recently raised its stake in A V Homes stock. Royce & Associates LLC boosted its position in shares of A V Homes Inc. (NASDAQ:AVHI) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 714,450 shares of the company’s stock after buying an additional 35,000 shares during the period. Royce & Associates LLC owned about 3.20% of A V Homes worth $9,152,000 at the end of the most recent reporting period.

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

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