Published on 23 May 2024 on Simply Wall St. via Yahoo Finance
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. Long term Century Communities, Inc. (NYSE:CCS) shareholders would be well aware of this, since the stock is up 217% in five years. Unfortunately, though, the stock has dropped 6.5% over a week. But note that the broader market is down 0.2% since last week, and this may have impacted Century Communities' share price.
Since the long term performance has been good but there's been a recent pullback of 6.5%, let's check if the fundamentals match the share price.