The stock price of Nova Lifestyle Inc (NASDAQ: NVFY) has dropped by -10.48 compared to previous close of 0.58. Despite this, the company has seen a fall of -16.24% in its stock price over the last five trading days. zacks.com reported 2024-11-18 that NVFY reports third-quarter losses as operational costs rise. Sales growth in North America offers a glimmer of hope.
Is It Worth Investing in Nova Lifestyle Inc (NASDAQ: NVFY) Right Now?
The stock has a 36-month beta value of 1.17.
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The public float for NVFY is 3.04M, and at present, short sellers hold a 0.55% of that float. On November 27, 2024, the average trading volume of NVFY was 26.35K shares.
NVFY’s Market Performance
NVFY’s stock has seen a -16.24% decrease for the week, with a -55.23% drop in the past month and a -61.23% fall in the past quarter. The volatility ratio for the week is 14.49%, and the volatility levels for the past 30 days are at 13.41% for Nova Lifestyle Inc The simple moving average for the past 20 days is -37.73% for NVFY’s stock, with a -69.23% simple moving average for the past 200 days.
NVFY Trading at -54.89% 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 -91.86% of loss for the given period.
Volatility was left at 13.41%, however, over the last 30 days, the volatility rate increased by 14.49%, as shares sank -55.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -65.38% lower at present.
During the last 5 trading sessions, NVFY fell by -16.24%, which changed the moving average for the period of 200-days by -72.95% in comparison to the 20-day moving average, which settled at $0.8340. In addition, Nova Lifestyle Inc saw -86.23% 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:
- -0.82 for the present operating margin
- 0.44 for the gross margin
The net margin for Nova Lifestyle Inc stands at -0.92. The total capital return value is set at -12.5. Equity return is now at value -600.82, with -135.04 for asset returns.
Based on Nova Lifestyle Inc (NVFY), the company’s capital structure generated -1.39 points at debt to capital in total, while cash flow to debt ratio is standing at -8.11. The debt to equity ratio resting at -0.58. The interest coverage ratio of the stock is -72.37.
Currently, EBITDA for the company is -5.61 million with net debt to EBITDA at -0.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.56. The receivables turnover for the company is 78.51for trailing twelve months and the total asset turnover is 1.97. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.
Conclusion
To sum up, Nova Lifestyle Inc (NVFY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
