Nova LifeStyle, Inc. (NASDAQ:NVFY – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $2.16 and traded as high as $2.41. Nova LifeStyle shares last traded at $2.22, with a volume of 30,152 shares traded.
Nova LifeStyle Trading Down 6.7 %
The company has a current ratio of 1.55, a quick ratio of 0.74 and a debt-to-equity ratio of 0.04. The firm has a market cap of $3.62 million, a P/E ratio of -0.45 and a beta of 1.23. The company’s fifty day moving average price is $2.16 and its two-hundred day moving average price is $2.30.
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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