Nova LifeStyle, Inc. (NASDAQ:NVFY – Get Rating) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.78 and traded as high as $0.80. Nova LifeStyle shares last traded at $0.74, with a volume of 44,278 shares changing hands.
Nova LifeStyle Trading Down 4.4 %
The stock has a market cap of $5.09 million, a PE ratio of -0.25 and a beta of 1.72. The company’s 50-day moving average price is $0.78 and its 200 day moving average price is $1.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.90 and a current ratio of 11.06.
Nova LifeStyle (NASDAQ:NVFY – Get Rating) last issued its quarterly earnings data on Friday, May 13th. The company reported ($0.13) earnings per share (EPS) for the quarter. Nova LifeStyle had a negative return on equity of 72.17% and a negative net margin of 144.99%. The business had revenue of $3.67 million for the quarter.
Nova LifeStyle Company Profile
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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Read More: Nova LifeStyle (NASDAQ:NVFY) Share Price Passes Above 50 Day Moving Average of $0.78