Stanley Furniture Co. (STLY) Hits New 52-Week High at $3.35
Stanley Furniture Co. (NASDAQ:STLY)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $3.35 and last traded at $3.28, with a volume of 283,131 shares changing hands. The stock had previously closed at $3.05.
Several research firms have commented on STLY. Zacks Investment Research cut shares of Stanley Furniture from a “buy” rating to a “strong sell” rating in a research note on Friday, April 22nd. TheStreet lowered shares of Stanley Furniture from a “hold” rating to a “sell” rating in a research report on Monday, July 25th.
The firm has a market capitalization of $48.95 million and a P/E ratio of 39.64. The firm’s 50-day moving average is $2.53 and its 200-day moving average is $2.56.
Stanley Furniture (NASDAQ:STLY) last posted its quarterly earnings results on Monday, July 25th. The company reported ($0.10) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.09. The business had revenue of $12.05 million for the quarter. Stanley Furniture’s quarterly revenue was down 20.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.09 EPS. Equities research analysts expect that Stanley Furniture Co. will post ($0.26) earnings per share for the current year.
The firm also recently declared a special dividend, which will be paid on Friday, August 19th. Shareholders of record on Friday, August 12th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Wednesday, August 10th.
Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.
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