Shares of Nova Lifestyle, Inc (NASDAQ:NVFY - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $2.70 and traded as high as $5.22. Nova Lifestyle shares last traded at $5.08, with a volume of 650,503 shares trading hands.
Analyst Ratings Changes
Separately, Wall Street Zen raised shares of Nova Lifestyle to a "hold" rating in a research report on Friday, August 22nd.
Get Our Latest Analysis on NVFY
Nova Lifestyle Trading Up 2.2%
The company has a debt-to-equity ratio of 0.04, a current ratio of 2.28 and a quick ratio of 1.93. The company has a market capitalization of $71.74 million, a price-to-earnings ratio of -1.16 and a beta of 0.76. The business has a fifty day moving average price of $2.81 and a 200 day moving average price of $1.65.
Nova Lifestyle (NASDAQ:NVFY - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $2.56 million for the quarter. Nova Lifestyle had a negative return on equity of 107.37% and a negative net margin of 42.53%.
Nova Lifestyle Company Profile
(
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Nova LifeStyle, Inc, through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices.
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