Nova LifeStyle (NASDAQ:NVFY) Share Price Passes Below Fifty Day Moving Average of $0.66

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Rating)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.66 and traded as low as $0.47. Nova LifeStyle shares last traded at $0.49, with a volume of 35,936 shares trading hands.

Nova LifeStyle Trading Down 9.2 %

The firm has a market cap of $3.37 million, a P/E ratio of -0.16 and a beta of 1.42. The business’s 50-day moving average is $0.66 and its two-hundred day moving average is $0.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.82 and a quick ratio of 2.60.

Nova LifeStyle Company Profile

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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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