Stanley Furniture Co. (STLY) Reaches New 52-Week High at $3.35
Stanley Furniture Co. (NASDAQ:STLY) hit a new 52-week high on Thursday . The stock traded as high as $3.35 and last traded at $3.28, with a volume of 283,131 shares. The stock had previously closed at $3.05.
STLY has been the topic of several recent research reports. Zacks Investment Research cut Stanley Furniture from a “buy” rating to a “strong sell” rating in a research note on Friday, April 22nd. TheStreet cut Stanley Furniture from a “hold” rating to a “sell” rating in a research note on Monday, July 25th.
The stock has a market cap of $48.80 million and a P/E ratio of 39.5226. The firm has a 50 day moving average of $2.58 and a 200 day moving average of $2.57.
Stanley Furniture (NASDAQ:STLY) last posted its quarterly earnings data on Monday, July 25th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.09. The firm earned $12.05 million during the quarter. During the same period last year, the business posted $0.09 earnings per share. Stanley Furniture’s quarterly revenue was down 20.4% compared to the same quarter last year. Equities analysts predict that Stanley Furniture Co. will post ($0.26) EPS for the current year.
The business also recently disclosed a special dividend, which will be paid on Friday, August 19th. Stockholders of record on Friday, August 12th will be paid a $1.25 dividend. 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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