The stock price of Nova Lifestyle Inc (NASDAQ: NVFY) has jumped by 18.95 compared to previous close of 0.95. Despite this, the company has seen a gain of 9.71% in its stock price over the last five trading days. zacks.com reported 2024-10-24 that Discover why Zacks rates Nova LifeStyle as “Neutral”, being the first on Wall Street to initiate coverage on the stock. Explore NVFY’s inventory management strengths and financial health amid market challenges.
Is It Worth Investing in Nova Lifestyle Inc (NASDAQ: NVFY) Right Now?
Moreover, the 36-month beta value for NVFY is 1.24.
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The public float for NVFY is 1.30M and currently, short sellers hold a 0.85% of that float. On November 12, 2024, NVFY’s average trading volume was 14.05K shares.
NVFY’s Market Performance
The stock of Nova Lifestyle Inc (NVFY) has seen a 9.71% increase in the past week, with a -19.86% drop in the past month, and a -18.71% fall in the past quarter. The volatility ratio for the week is 11.55%, and the volatility levels for the past 30 days are at 9.40% for NVFY. The simple moving average for the past 20 days is -3.21% for NVFY’s stock, with a -35.92% simple moving average for the past 200 days.
NVFY Trading at -14.33% from the 50-Day Moving Average
After a stumble in the market that brought NVFY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -82.29% of loss for the given period.
Volatility was left at 9.40%, however, over the last 30 days, the volatility rate increased by 11.55%, as shares sank -16.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.16% lower at present.
During the last 5 trading sessions, NVFY rose by +9.71%, which changed the moving average for the period of 200-days by -50.87% in comparison to the 20-day moving average, which settled at $1.1674. In addition, Nova Lifestyle Inc saw -70.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NVFY
Current profitability levels for the company are sitting at:
- -0.7 for the present operating margin
- 0.44 for the gross margin
The net margin for Nova Lifestyle Inc stands at -0.81. The total capital return value is set at -3.87. Equity return is now at value -326.58, with -103.08 for asset returns.
Based on Nova Lifestyle Inc (NVFY), the company’s capital structure generated 0.96 points at debt to capital in total, while cash flow to debt ratio is standing at -3.12. The debt to equity ratio resting at 24.62. The interest coverage ratio of the stock is 732.86.
Currently, EBITDA for the company is -5.6 million with net debt to EBITDA at -0.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.53. The receivables turnover for the company is 130.09for trailing twelve months and the total asset turnover is 1.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
To wrap up, the performance of Nova Lifestyle Inc (NVFY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
