Shares of Nova Lifestyle, Inc (NASDAQ:NVFY - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.00 and traded as high as $5.33. Nova Lifestyle shares last traded at $5.08, with a volume of 818,428 shares changing hands.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of Nova Lifestyle to a "hold" rating in a research report on Friday, August 22nd.
Read Our Latest Stock Analysis on Nova Lifestyle
Nova Lifestyle Stock Performance
The stock's 50-day moving average is $3.00 and its 200-day moving average is $1.77. The stock has a market cap of $69.95 million, a price-to-earnings ratio of -1.13 and a beta of 0.76. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.28 and a quick ratio of 1.93.
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 firm 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%.
About Nova Lifestyle
(
Get Free Report)
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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