Nova LifeStyle, Inc. (NASDAQ:NVFY – Get Free Report ) has seen a significant decrease in short interest during the month of July. As of July 31, short interest totaled 7,600 shares, down 19.1% from a total of 9,400 shares on July 15. Based on an average daily trading volume of 23,800 shares, the days ratio is currently at 0.3 days. Currently, 0.5% of the company's shares are shorted.
Nova LifeStyle's price performance
NASDAQ NVFY opened trading at $1.27 on Friday. The stock's 50-day simple moving average is $1.59 and its 200-day simple moving average is $1.96. Nova LifeStyle's 12-month low is $1.25 and its high is $6.38. The stock has a market cap of $3.08 million, a P/E ratio of -0.27 and a beta of 1.24. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.32 and a current ratio of 0.90.
Nova LifeStyle (NASDAQ:NVFY – Get free report ) announced its quarterly earnings results on Wednesday, August 14. The company reported EPS of ($0.22) for the quarter. Nova LifeStyle had a return on equity of -344.65% and a net margin of -68.74%. Revenues for the quarter were $2.69 million.
Nova LifeStyle Company Profile
(Get your free report)
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures and sells residential and commercial furniture to middle and upper middle class consumers worldwide. The company offers upholstered, wood and metal furniture for the living room, dining room, bedroom and home office.
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