Nova LifeStyle (NASDAQ:NVFY) Stock Crosses Below 200 Day Moving Average of $2.44

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.44 and traded as low as $1.84. Nova LifeStyle shares last traded at $1.95, with a volume of 7,775 shares changing hands.

Nova LifeStyle Price Performance

The company has a 50 day simple moving average of $2.46 and a 200-day simple moving average of $2.44. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.74 and a current ratio of 1.55.

Nova LifeStyle (NASDAQ:NVFYGet Free Report) last released its quarterly earnings data on Tuesday, November 14th. The company reported ($0.83) EPS for the quarter. The company had revenue of $2.48 million during the quarter. Nova LifeStyle had a negative return on equity of 227.48% and a negative net margin of 107.11%.

About Nova LifeStyle

(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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