LEGH
Legacy Housing Corporation Consumer Cyclical - Residential Construction Investor Relations →
Legacy Housing Corporation (LEGH) closed at $18.95 as of 2026-03-20, trading 14.2% below its 200-week moving average of $22.08. This places LEGH in the extreme value zone. The stock moved further from the line this week, up from -14.8% last week. The 14-week RSI sits at 42, indicating neutral momentum.
A big jump in activity this week — 2.3x the usual volume, and the price went up. Significantly more people than usual decided to buy. This kind of surge, especially on a stock already below its 200-week average, can be an early sign that sentiment is shifting.
Over the past 331 weeks of data, LEGH has crossed below its 200-week moving average 8 times. On average, these episodes lasted 6 weeks. Historically, investors who bought LEGH at the start of these episodes saw an average one-year return of +32.7%.
With a market cap of $451 million, LEGH is a small-cap stock. The company generates a free cash flow yield of 1.0%. Return on equity stands at 8.2%. The stock trades at 0.8x book value.
Over the past 6.4 years, a hypothetical investment of $100 in LEGH would have grown to $118, compared to $227 for the S&P 500. LEGH has returned 2.7% annualized vs 13.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: LEGH vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After LEGH Crosses Below the Line?
Across 8 historical episodes, buying LEGH when it crossed below its 200-week moving average produced an average return of +63.5% after 12 months (median +73.0%), compared to +36.8% for the S&P 500 over the same periods. 100% of those episodes were profitable after one year. After 24 months, the average return was +55.5% vs +41.5% for the index.
Each line shows $100 invested at the moment LEGH crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
LEGH has crossed below its 200-week MA 8 times with an average 1-year return of +32.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 2020 | Jun 2020 | 13 | 36.5% | +14.0% | +38.5% |
| Jun 2020 | Jun 2020 | 1 | 1.8% | +38.5% | +45.8% |
| Sep 2020 | Sep 2020 | 1 | 1.7% | +36.1% | +44.3% |
| Jun 2022 | Aug 2022 | 8 | 21.0% | +42.2% | +28.6% |
| Jun 2025 | Jun 2025 | 1 | 0.6% | N/A | -13.0% |
| Jul 2025 | Jul 2025 | 1 | 0.2% | N/A | -13.7% |
| Oct 2025 | Oct 2025 | 1 | 0.4% | N/A | -14.6% |
| Nov 2025 | Ongoing | 20+ | 14.9% | Ongoing | -14.7% |
| Average | 6 | — | +32.7% | — |
Frequently Asked Questions
Is LEGH below its 200-week moving average?
Yes. As of 2026-03-20, Legacy Housing Corporation (LEGH) is trading 14.2% below its 200-week moving average of $22.08. The current price is $18.95.
What is LEGH's 200-week moving average price?
Legacy Housing Corporation's 200-week moving average is $22.08 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when LEGH drops below its 200-week moving average?
LEGH has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +32.7%. These dips have historically been decent entry points. These episodes lasted 6 weeks on average.
Is LEGH a good value right now?
Here's what our data says about LEGH as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 42. Free cash flow yield is 1.0%. Return on equity is 8.2%. Price-to-book is 0.8x. This is not a buy or sell recommendation — always do your own research.
How does LEGH compare to the S&P 500?
Over the past 6.4 years, $100 invested in LEGH would have grown to $118, compared to $227 for the S&P 500. That's 2.7% annualized vs 13.6% for the index. LEGH has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20