Haverty Furniture Companies (NYSE:HVT.A) Stock Passes Below 50-Day Moving Average - Should You Sell?

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $21.33 and traded as low as $18.25. Haverty Furniture Companies shares last traded at $17.87, with a volume of 100 shares.

Haverty Furniture Companies Trading Down 5.7 %

The stock has a market cap of $302.33 million, a price-to-earnings ratio of 11.74 and a beta of 1.15. The company has a 50 day simple moving average of $21.02 and a 200-day simple moving average of $22.70.

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported $0.47 earnings per share for the quarter. The company had revenue of $184.35 million during the quarter.

Haverty Furniture Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Thursday, March 6th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.20 annualized dividend and a yield of 6.43%. Haverty Furniture Companies's dividend payout ratio is currently 102.56%.

About Haverty Furniture Companies

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.