Nova LifeStyle (NASDAQ:NVFY) Shares Pass Below Two Hundred Day Moving Average of $0.66

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Rating) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.66 and traded as low as $0.57. Nova LifeStyle shares last traded at $0.64, with a volume of 21,097 shares.

Nova LifeStyle Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 7.55 and a quick ratio of 1.78. The stock’s 50 day simple moving average is $0.76 and its two-hundred day simple moving average is $0.66. The stock has a market cap of $4.58 million, a price-to-earnings ratio of -0.21 and a beta of 1.75.

Nova LifeStyle Company Profile

(Get Rating)

Nova Lifestyle, Inc engages in designing, marketing, and manufacturing of modern home furniture. The firm offers living room, urban dining, bedroom, and nova qwik products. It sells its products under the brand name, Diamond Sofa. The company was founded by Ya Ming Wong and Yuen Ching Ho in 1992 and is headquartered in Commerce, CA.

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