Nova Lifestyle Inc (NASDAQ:NVFY) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $0.95 and last traded at $1.00, with a volume of 3162 shares traded. The stock had previously closed at $1.26.
The stock has a market capitalization of $34.76 million, a price-to-earnings ratio of 4.85 and a beta of 1.85.
Nova Lifestyle (NASDAQ:NVFY) last posted its quarterly earnings data on Monday, August 13th. The company reported $0.05 earnings per share for the quarter. Nova Lifestyle had a return on equity of 15.43% and a net margin of 6.45%. The firm had revenue of $24.11 million during the quarter.
Nova LifeStyle, Inc, together with its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based residential furniture for the living rooms, dining rooms, bedrooms, and home offices.
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