Gary Fleisher, Modular Construction Industry Observer and Information Gatherer

Cavco Stock Finishes the Year with a Gain

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Cavco Industries Inc. had a good day on the market on December 17 as shares jumped 3.58% to close at $183.87. About 47,614 shares traded hands on 1,968 trades for the day, compared with an average daily volume of n/a shares out of a total float of 9.19 million. After opening the trading day at $178.92, shares of Cavco Industries Inc. stayed within a range of $184.54 to $178.92.

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Cavco Industries Inc designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. The company operates principally in two segments: Factory-built housing, which includes wholesale and retail systems-built housing operations and financial services, which includes manufactured housing consumer finance and insurance. Cavco received most of its revenues from the Factory-built housing segment.

Cavco Industries Inc. is based out of Phoenix, AZ and has some 5,000 employees.

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