Nova LifeStyle Stock Forecast, Price & News

Wall Street analysts have given Nova LifeStyle a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nova LifeStyle wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Nova LifeStyle saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 11,800 shares, an increase of 145.8% from the June 15th total of 4,800 shares. Based on an average daily volume of 372,100 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.3% of the company's stock are short sold.
View Nova LifeStyle's Short Interest.

Nova LifeStyle is scheduled to release its next quarterly earnings announcement on Friday, August 13th 2021.
View our earnings forecast for Nova LifeStyle.

Nova LifeStyle, Inc. (NASDAQ:NVFY) announced its quarterly earnings results on Monday, May, 17th. The company reported ($0.14) EPS for the quarter. The business had revenue of $3.33 million for the quarter. Nova LifeStyle had a negative net margin of 204.37% and a negative trailing twelve-month return on equity of 50.51%.
View Nova LifeStyle's earnings history.

Nova LifeStyle's stock was trading at $1.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NVFY stock has increased by 45.7% and is now trading at $2.36.
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Some companies that are related to Nova LifeStyle include Tempur Sealy International (TPX), Leggett & Platt (LEG), Sleep Number (SNBR), Purple Innovation (PRPL), Compass Diversified (CODI), La-Z-Boy (LZB), Kimball International (KBAL), Hooker Furniture (HOFT), Casper Sleep (CSPR), Flexsteel Industries (FLXS), Natuzzi (NTZ), Luvu Brands (LUVU) and The Rowe Companies (ROWC).
View all of NVFY's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nova LifeStyle investors own include Global Cord Blood (CO), Enzon Pharmaceuticals (ENZN), Rex Energy (REXX), Abraxas Petroleum (AXAS), China Green Agriculture (CGA), Top Ships (TOPS), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), Carnival Co. & (CCL) and Cemtrex (CETX).

Nova LifeStyle trades on the NASDAQ under the ticker symbol "NVFY."

Shares of NVFY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NVFY stock can currently be purchased for approximately $2.36.

Nova LifeStyle has a market capitalization of $13.15 million and generates $11.35 million in revenue each year.

Nova LifeStyle employs 35 workers across the globe.

The official website for Nova LifeStyle is www.novalifestyle.com.

Nova LifeStyle is headquartered at 6565 E. WASHINGTON BLVD., COMMERCE CA, 90040.

Nova LifeStyle's mailing address is 6565 E. WASHINGTON BLVD., COMMERCE CA, 90040. The company can be reached via phone at (323) 888-9999 or via email at [email protected]