Nova LifeStyle (NASDAQ:NVFY) Shares Pass Above 50-Day Moving Average of $2.03

Nova LifeStyle, Inc. (NASDAQ:NVFYGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $2.03 and traded as high as $3.07. Nova LifeStyle shares last traded at $2.99, with a volume of 92,953 shares changing hands.

Nova LifeStyle Stock Up 4.5 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.55 and a quick ratio of 0.74. The company has a 50 day moving average of $2.03 and a 200 day moving average of $2.29.

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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