HomesToLife (NASDAQ:HTLM) Stock Price Down 6.6% – Here’s What Happened

HomesToLife Ltd (NASDAQ:HTLM) was down 6.6% on Tuesday . The stock traded as low as $1.78 and last traded at $1.84. 24,594 shares changed hands during mid-day trading, an increase of 140% from the average daily volume of 10,256 shares. The stock had previously closed at $1.97.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

HomesToLife Stock Performance

The firm has a fifty day simple moving average of $1.91 and a 200-day simple moving average of $2.05. The company has a market capitalization of $27.03 million, a PE ratio of 15.33 and a beta of 0.03.

HomesToLife (NASDAQ:HTLM) last released its quarterly earnings results on Friday, May 29th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $92.53 million for the quarter.

HomesToLife Company Profile

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.