Headlines about Nova Lifestyle (NASDAQ:NVFY) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nova Lifestyle earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.5809855296567 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several research analysts have recently weighed in on NVFY shares. TheStreet cut Nova Lifestyle from a “c-” rating to a “d+” rating in a research report on Thursday, May 18th. ValuEngine raised Nova Lifestyle from a “hold” rating to a “buy” rating in a research report on Thursday, May 18th.
Nova Lifestyle (NASDAQ:NVFY) opened at 1.47 on Thursday. The stock’s 50 day moving average price is $1.44 and its 200 day moving average price is $1.58. The firm’s market capitalization is $39.64 million. Nova Lifestyle has a 52-week low of $0.51 and a 52-week high of $5.15.
Nova Lifestyle (NASDAQ:NVFY) last issued its earnings results on Monday, May 15th. The company reported ($0.04) EPS for the quarter. Nova Lifestyle had a negative net margin of 2.74% and a negative return on equity of 3.34%. The firm had revenue of $18.06 million during the quarter.
Nova Lifestyle Company Profile
Nova LifeStyle, Inc is a manufacturer of contemporary styled residential furniture incorporated into a marketing and sales platform offering retail, as well as online selection. The Company operates through the design, manufacture and sale of furniture segment. The Company monitors trending and work to create design elements that are then integrated into its product lines that can be used as standalone, as well as whole room and home furnishing solutions.
Receive News & Ratings for Nova Lifestyle Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nova Lifestyle Inc and related companies with MarketBeat.com's FREE daily email newsletter.
