The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Nova Lifestyle Inc’s current trading price is -51.49% away from its 52-week high, while its distance from the 52-week low is 113.45%. The stock’s price range for this period has been between $1.45 and $6.38 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 26.34 million for the day, a number notably higher than the average daily volume of 1.19 million over the last three months.
Nova Lifestyle Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $6.38 on 12/28/23, while the lowest price for the same period was registered at $1.45 on 03/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Nova Lifestyle Inc (NVFY) has experienced a quarterly rise of 17.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.18M and boasts a workforce of 27 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.31, with a change in price of +1.20. Similarly, Nova Lifestyle Inc recorded 1,453,049 in trading volume during the last 100 days, posting a change of +54.55%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for NVFY stands at 4.22. Similarly, the long-term debt-to-equity ratio is also 2.82.
NVFY Stock Stochastic Average
Nova Lifestyle Inc’s raw stochastic average for the past 50 days is presently 65.66%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 55.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 34.40% and 29.86%, respectively.
NVFY Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -17.90% this year. Over the last six months, there has been a weaker performance of 25.30%. The price of NVFY fallen by 103.62% during the last 30 days period. For the last 5-days stocks have improved 33.98%.
