Nova LifeStyle (NASDAQ:NVFY) Stock Passes Above 50-Day Moving Average of $0.58

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Rating)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.58 and traded as high as $0.74. Nova LifeStyle shares last traded at $0.59, with a volume of 581,536 shares traded.

Nova LifeStyle Stock Performance

The company has a 50 day moving average price of $0.58 and a 200 day moving average price of $0.62. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 4.30.

About Nova LifeStyle

(Get Rating)

Nova Lifestyle, Inc engages in design, marketing, and manufacture 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.

Further Reading

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