NEW YORK, November 22, 2016 /PRNewswire/ --
Stock-Callers.com brings investors' attention back to the Industrial Goods sector, which is engaged in the manufacturing, marketing, and selling of industrial and commercial products such as general building materials, machinery, small tools, and cement. Companies in this sector generally offer dividend yields that are below average when compared with the wider market. In this morning's lineup are the following stocks: CalAtlantic Group Inc. (NYSE: CAA), Hovnanian Enterprises Inc. (NYSE: HOV), Beazer Homes USA Inc. (NYSE: BZH), and Energy Recovery Inc. (NASDAQ: ERII). Learn more about these stocks by downloading their free report at: http://stock-callers.com/registration
Irvine, California headquartered CalAtlantic Group Inc.'s stock finished Monday's session at $34.00, rising 2.01%. A total volume of 1.73 million shares was traded, which was above their three months average volume of 1.46 million shares. In the last month, the Company's shares have gained 8.04%. The stock is trading above its 50-day moving average by 3.92%. Moreover, shares of CalAtlantic Group, which operates as a homebuilder under the CalAtlantic Homes name in the US, have a Relative Strength Index (RSI) of 64.41.
On November 18th, 2016, CalAtlantic Homes announced the Grand Opening of six new single-family home designs in Barefoot Lakes. Barefoot Lakes is situated within a 1,300-acre master planned community encompassing 100 acres of manmade lakes and more than 150 acres of regional, community and neighborhood parks. Firestone is a growing town located north of the Denver metro area, midway to Fort Collins and 25 miles east of Boulder. Free research report on CAA is available at: http://stock-callers.com/registration/?symbol=CAA
Shares in Red Bank, New Jersey headquartered Hovnanian Enterprises Inc. ended yesterday's session 0.55% higher at $1.84. A total volume of 2.35 million shares was traded, which was higher than their three months average volume of 1.07 million shares. The stock has gained 13.58% in the past month, 1.66% in the previous three months, and 1.66% on an YTD basis. Shares of the Company, which designs, constructs, markets, and sells residential homes in the US, are trading 11.49% above their 50-day moving average and 10.67% above their 200-day moving average. Moreover, Hovnanian Enterprises' stock has an RSI of 75.61. The complimentary report on HOV can be downloaded at: http://stock-callers.com/registration/?symbol=HOV
Beazer Homes USA
On Monday, Atlanta, Georgia headquartered Beazer Homes USA Inc.'s stock saw a drop of 2.91%, to close the day at $13.00. A total volume of 1.02 million shares was traded, which was above their three months average volume of 815,720 shares. The Company's shares have advanced 16.38% in the last one month, 19.71% in the previous three months, and 13.14% on an YTD basis. The stock is trading 16.30% and 40.73% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Beazer Homes USA, which designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name, have an RSI of 70.65.
On November 15th, 2016, Beazer homes reported Q4 FY16 net loss from continuing operations of $789 thousand. Results included $11.4 million of losses related to the early extinguishment of debt and an elevated tax provision related to a legal entity restructuring undertaken to reduce state taxes. The company's reported Q4 FY16 adjusted EBITDA of $66.0 million, which was down 7.2% on a y-o-y basis. Beazer homes reported Q4 FY16 Homebuilding revenue of $620.0 million, up 1.4% from Q4 FY15 with 1,856 new home deliveries in the reported quarter, down 2.1% on a y-o-y basis. Net new orders for Q4 FY16 increased 15.0% versus Q4 FY15, driven by a 16.7% increase in the absorption rate to 2.8 sales per community per month.Visit us today and download our complete research report on BZH for free at: http://stock-callers.com/registration/?symbol=BZH
Shares in San Leandro, California headquartered Energy Recovery Inc. ended the day 2.43% higher at $11.81 with a total trading volume of 280,679 shares. The stock has gained 67.04% since the start of this year. The Company's shares are trading above their 200-day moving average by 7.24%. Furthermore, shares of Energy Recovery, which provides energy solutions to industrial fluid flow markets worldwide, have an RSI of 48.28.
On November 07th, 2016, Energy Recovery was recognized as Manufacturer of the Year by the prestigious 2016 Texas Oil & Gas Awards. The Awards recognized the innovation of Energy Recovery's VorTeq[TM] hydraulic pumping system. The VorTeq system addresses a major pain point in hydraulic fracturing by re-routing abrasive proppants away from high pressure pumps. This allows the high pressure pumps to process only clean fluid, thereby extending their life and helping to prevent daily failures on frac sites. Get free access to your technical report on ERII at: http://stock-callers.com/registration/?symbol=ERII
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