Nova Lifestyle (NVFY) Earning Somewhat Favorable Media Coverage, Study Shows
Media coverage about Nova Lifestyle (NASDAQ:NVFY) has trended somewhat positive on Thursday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nova Lifestyle earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.011027037357 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, ValuEngine cut shares of Nova Lifestyle from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.
Shares of Nova Lifestyle (NASDAQ NVFY) traded down $0.20 during midday trading on Thursday, hitting $1.98. 258,800 shares of the stock traded hands, compared to its average volume of 301,555. The company has a debt-to-equity ratio of 0.05, a current ratio of 74.16 and a quick ratio of 66.69. The stock has a market cap of $59.70, a PE ratio of 54.50 and a beta of 1.67. Nova Lifestyle has a 52-week low of $1.06 and a 52-week high of $3.15.
Nova Lifestyle (NASDAQ:NVFY) last announced its earnings results on Monday, November 13th. The company reported $0.11 earnings per share (EPS) for the quarter. Nova Lifestyle had a net margin of 1.64% and a return on equity of 1.31%. The firm had revenue of $33.22 million for the quarter.
Nova Lifestyle Company Profile
Nova LifeStyle, Inc is a manufacturer of contemporary styled residential furniture incorporated into a marketing and sales platform offering retail, as well as online selection. The Company operates through the design, manufacture and sale of furniture segment. The Company monitors trending and work to create design elements that are then integrated into its product lines that can be used as standalone, as well as whole room and home furnishing solutions.
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