Shares of Stanley Furniture Co. (NASDAQ:STLY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $2.00 and last traded at $2.54, with a volume of 437,304 shares traded. The stock had previously closed at $3.41.

A number of research firms recently weighed in on STLY. TheStreet lowered shares of Stanley Furniture from a “hold” rating to a “sell” rating in a research note on Monday, July 25th. Zacks Investment Research upgraded 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 market cap of $33.07 million and a PE ratio of 26.79. The firm has a 50 day moving average price of $2.83 and a 200-day moving average price of $2.65.

Stanley Furniture (NASDAQ:STLY) last announced its quarterly earnings data on Monday, July 25th. The company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by $0.09. The firm earned $12.05 million during the quarter. The business’s revenue was down 20.4% on a year-over-year basis. During the same period last year, the business earned $0.09 earnings per share. Equities research analysts predict that Stanley Furniture Co. will post ($0.26) EPS for the current fiscal year.

The company also recently disclosed a special dividend, which was paid on Friday, August 19th. Stockholders of record on Friday, August 12th were issued a $1.25 dividend. The ex-dividend date of this dividend was 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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