Stanley Furniture Co. (NASDAQ:STLY)’s share price traded down 3.4% during mid-day trading on Tuesday . The company traded as low as $3.40 and last traded at $3.43, with a volume of 182,210 shares. The stock had previously closed at $3.55.

A number of equities analysts recently issued reports on the stock. TheStreet downgraded shares of Stanley Furniture from a “hold” rating to a “sell” rating in a research note on Monday, July 25th. Zacks Investment Research raised shares of Stanley Furniture from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 21st.

The stock has a 50-day moving average price of $2.63 and a 200-day moving average price of $2.59. The company has a market capitalization of $51.89 million and a P/E ratio of 42.02.

Stanley Furniture (NASDAQ:STLY) last posted its earnings results on Monday, July 25th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.09. The firm had revenue of $12.05 million for the quarter. The business’s revenue was down 20.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 EPS. On average, analysts anticipate that Stanley Furniture Co. will post ($0.26) EPS for the current year.

The firm also recently announced a special dividend, which will be paid on Friday, August 19th. Stockholders of record on Friday, August 12th will be issued a $1.25 dividend. The ex-dividend date 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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