Nova LifeStyle, Inc. (NASDAQ:NVFY – Get Free Report) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.65 and traded as low as $0.63. Nova LifeStyle shares last traded at $0.67, with a volume of 24,036 shares trading hands.
Nova LifeStyle Trading Down 3.0 %
The firm has a 50-day moving average of $0.62 and a 200 day moving average of $1.17. The company has a current ratio of 0.71, a quick ratio of 0.15 and a debt-to-equity ratio of 3.02. The stock has a market capitalization of $2.01 million, a price-to-earnings ratio of -0.14 and a beta of 1.04.
About Nova LifeStyle
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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