Media headlines about Nova Lifestyle (NASDAQ:NVFY) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nova Lifestyle earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.056627397662 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Nova Lifestyle (NASDAQ:NVFY) traded up 4.92% during midday trading on Wednesday, hitting $1.28. The stock had a trading volume of 51,497 shares. The stock’s market cap is $34.72 million. Nova Lifestyle has a 12-month low of $1.06 and a 12-month high of $5.15. The stock has a 50-day moving average price of $1.32 and a 200-day moving average price of $1.49.
Nova Lifestyle (NASDAQ:NVFY) last released its quarterly earnings data on Monday, August 7th. The company reported $0.02 EPS for the quarter. The business had revenue of $19.53 million during the quarter. Nova Lifestyle had a negative return on equity of 1.73% and a negative net margin of 1.33%.
A number of equities research analysts have recently weighed in on NVFY shares. TheStreet cut Nova Lifestyle from a “c-” rating to a “d+” rating in a research note on Thursday, May 18th. ValuEngine raised Nova Lifestyle from a “hold” rating to a “buy” rating in a research note on Thursday, May 18th.
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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.
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