Stanley Furniture Co. (NASDAQ:STLY)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $2.00 and last traded at $2.01, with a volume of 18,927 shares changing hands. The stock had previously closed at $2.03.

Several equities analysts have recently issued reports on STLY shares. TheStreet raised Stanley Furniture from a “sell” rating to a “hold” rating in a research note on Friday, August 19th. Zacks Investment Research lowered Stanley Furniture from a “hold” rating to a “strong sell” rating in a research note on Friday, July 29th.

The company has a market cap of $29.69 million and a PE ratio of 24.05. The firm’s 50-day moving average is $2.77 and its 200-day moving average is $2.64.

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. During the same period in the previous year, the firm posted $0.09 earnings per share. The business earned $12.05 million during the quarter. Stanley Furniture’s revenue was down 20.4% compared to the same quarter last year. On average, equities research analysts expect that Stanley Furniture Co. will post ($0.26) EPS for the current fiscal year.

The business also recently disclosed a special dividend, which was paid on Friday, August 19th. Shareholders 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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