Nova LifeStyle (NASDAQ:NVFY) Stock Price Passes Above 50 Day Moving Average of $2.16

Shares of Nova LifeStyle, Inc. (NASDAQ:NVFYGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 Stock Performance

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 firm has a market capitalization of $3.62 million, a price-to-earnings ratio of -0.45 and a beta of 1.23. The firm’s fifty day moving average is $2.16 and its 200 day moving average is $2.30.

Nova LifeStyle Company Profile

(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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