Stanley Furniture Co. (STLY) Trading Up 21.2%
Stanley Furniture Co. (NASDAQ:STLY) was up 21.2% on Wednesday . The company traded as high as $3.25 and last traded at $2.97, with a volume of 313,863 shares changing hands. The stock had previously closed at $2.45.
A number of equities research analysts have weighed in on STLY shares. Zacks Investment Research lowered Stanley Furniture from a “hold” rating to a “strong sell” rating in a report on Friday, July 29th. TheStreet lowered Stanley Furniture from a “hold” rating to a “sell” rating in a research note on Monday, July 25th.
The company has a 50 day moving average of $2.52 and a 200 day moving average of $2.56. The stock has a market cap of $44.83 million and a price-to-earnings ratio of 36.31.
Stanley Furniture (NASDAQ:STLY) last issued its quarterly earnings results on Monday, July 25th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.09. The firm had revenue of $12.05 million for the quarter. During the same quarter in the previous year, the business earned $0.09 EPS. The firm’s quarterly revenue was down 20.4% on a year-over-year basis. On average, equities research analysts expect that Stanley Furniture Co. will post ($0.26) earnings per share for the current fiscal year.
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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