Haverty Furniture Companies (NYSE:HVT.A) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Haverty Furniture Companies, Inc. (NYSE:HVT.AGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $29.72 and traded as low as $28.70. Haverty Furniture Companies shares last traded at $28.70, with a volume of 452 shares trading hands.

Haverty Furniture Companies Price Performance

The stock has a market capitalization of $464.52 million, a price-to-earnings ratio of 21.23 and a beta of 0.80. The business has a 50-day simple moving average of $29.73 and a two-hundred day simple moving average of $26.33.

Haverty Furniture Companies (NYSE:HVT.AGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $194.94 million for the quarter.

About Haverty Furniture Companies

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Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and related home furnishings. Operating under the Havertys brand, the company sells furniture for living rooms, bedrooms, dining rooms, home offices and other areas of the home, along with mattresses, rugs, lighting, artwork, accessories and other décor.

Founded in Atlanta in 1885 by J.J. Haverty, the company has grown from a single furniture store into a regional retailer serving customers through a network of retail locations and its e-commerce platform.

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