Nova LifeStyle (NASDAQ:NVFY) Share Price Crosses Below Fifty Day Moving Average of $1.62

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.62 and traded as low as $1.40. Nova LifeStyle shares last traded at $1.46, with a volume of 5,912 shares.

Nova LifeStyle Trading Down 0.7 %

The company has a current ratio of 0.90, a quick ratio of 0.32 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $1.62 and a 200-day moving average of $1.97. The firm has a market capitalization of $3.54 million, a P/E ratio of -0.31 and a beta of 1.24.

Nova LifeStyle (NASDAQ:NVFYGet Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.65) earnings per share for the quarter. Nova LifeStyle had a negative return on equity of 344.65% and a negative net margin of 68.74%. The firm had revenue of $2.38 million for the quarter.

Nova LifeStyle Company Profile

(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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