LEGH
Legacy Housing Corporation Consumer Cyclical - Residential Construction Investor Relations →
Legacy Housing Corporation (LEGH) closed at $21.04 as of 2026-02-02, trading 4.3% below its 200-week moving average of $21.99. This places LEGH in the below line zone. The stock moved further from the line this week, up from -5.6% last week. The 14-week RSI sits at 43, indicating neutral momentum.
Over the past 325 weeks of data, LEGH has crossed below its 200-week moving average 8 times. On average, these episodes lasted 5 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 $502 million, LEGH is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 9.6%. The stock trades at 1.0x book value.
Over the past 6.3 years, a hypothetical investment of $100 in LEGH would have grown to $131, compared to $241 for the S&P 500. LEGH has returned 4.4% annualized vs 14.9% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -21% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
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% | +53.8% |
| Jun 2020 | Jun 2020 | 1 | 1.8% | +38.5% | +61.8% |
| Sep 2020 | Sep 2020 | 1 | 1.7% | +36.1% | +60.2% |
| Jun 2022 | Aug 2022 | 8 | 21.0% | +42.2% | +42.8% |
| Jun 2025 | Jun 2025 | 1 | 0.6% | N/A | -3.4% |
| Jul 2025 | Jul 2025 | 1 | 0.2% | N/A | -4.2% |
| Oct 2025 | Oct 2025 | 1 | 0.4% | N/A | -5.1% |
| Nov 2025 | Ongoing | 14+ | 12.6% | Ongoing | -5.3% |
| Average | 5 | — | +32.7% | — |
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 Friday close, 2026-02-02