Nova LifeStyle, Inc. (NASDAQ:NVFY – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.65 and traded as low as $0.63. Nova LifeStyle shares last traded at $0.67, with a volume of 24,036 shares changing hands.
Nova LifeStyle Stock Performance
The company’s 50 day simple moving average is $0.64 and its 200 day simple moving average is $1.18. The stock has a market cap of $2.07 million, a price-to-earnings ratio of -0.15 and a beta of 1.04. The company has a debt-to-equity ratio of 3.02, a quick ratio of 0.15 and a current ratio of 0.71.
About Nova LifeStyle
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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