The market performance of Nova Lifestyle Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.38 on 12/28/23, while the lowest value for the same duration was $0.38 on 12/06/24.
52-week price history of NVFY Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Nova Lifestyle Inc’s current trading price is -91.22% away from its 52-week high, while its distance from the 52-week low is 45.45%. The stock’s price range during the 52-week period has remained between $0.38 and $6.38. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 0.58 million for the day, which was evidently higher than the average daily volume of 45810.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nova Lifestyle Inc (NVFY) has experienced a quarterly decline of -60.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.19M and boasts a workforce of 27 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.1042, with a change in price of -1.0500. Similarly, Nova Lifestyle Inc recorded 39,701 in trading volume during the last 100 days, posting a change of -65.22%.
NVFY Stock Stochastic Average
Nova Lifestyle Inc’s raw stochastic average for the past 50 days is presently 16.67%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 70.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 50.05% and 34.17%, respectively.
NVFY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price decrease of -85.15%. However, over the past six months, we’ve seen a stronger performance of -65.64%. The price of NVFY leaped by -6.67% over the last 30 days. And in the last five days, it has surged by 27.27%.