United Homes Group (NASDAQ:UHG) Issues Quarterly Earnings Results

United Homes Group (NASDAQ:UHG) issued its earnings results on Wednesday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. United Homes Group had a negative net margin of 4.58% and a positive return on equity of 1,250.34%.

United Homes Group Price Performance

Shares of NASDAQ UHG opened at $3.57 on Wednesday. The company has a current ratio of 6.62, a quick ratio of 1.58 and a debt-to-equity ratio of 7.16. The company has a market capitalization of $172.82 million, a price-to-earnings ratio of -6.05 and a beta of 0.81. United Homes Group has a twelve month low of $3.24 and a twelve month high of $7.80. The business has a 50 day simple moving average of $4.07 and a 200-day simple moving average of $5.06.

Insider Buying and Selling

In related news, COO Ray Shelton Twine III purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average price of $4.55 per share, with a total value of $45,500.00. Following the acquisition, the chief operating officer now owns 196,736 shares in the company, valued at approximately $895,148.80. This trade represents a 5.36 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 85.30% of the stock is currently owned by company insiders.

About United Homes Group

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.