Stanley Furniture Co. (STLY) Sets New 52-Week High at $3.65
Stanley Furniture Co. (NASDAQ:STLY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $3.65 and last traded at $3.54, with a volume of 96,961 shares trading hands. The stock had previously closed at $3.58.
Several research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Stanley Furniture from a “hold” rating to a “strong sell” rating in a research note on Friday, July 29th. TheStreet lowered shares of Stanley Furniture from a “hold” rating to a “sell” rating in a research note on Monday, July 25th.
The firm’s 50 day moving average is $2.72 and its 200 day moving average is $2.61. The stock has a market cap of $52.62 million and a PE ratio of 42.6179.
Stanley Furniture (NASDAQ:STLY) last announced its earnings results on Monday, July 25th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.01) by $0.09. The company had revenue of $12.05 million for the quarter. During the same period in the prior year, the business posted $0.09 earnings per share. The firm’s quarterly revenue was down 20.4% on a year-over-year basis. Equities analysts forecast that Stanley Furniture Co. will post ($0.26) EPS for the current year.
The company also recently announced a special dividend, which will be paid on Friday, August 19th. Investors of record on Friday, August 12th will be paid 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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