After finishing at $2.86 in the prior trading day, Nova Lifestyle Inc (NASDAQ: NVFY) closed at $2.99, up 4.55%. In other words, the price has increased by $+0.1300 from its previous closing price. On the day, 92958 shares were traded.
Ratios:
Our goal is to gain a better understanding of NVFY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVFY now has a Market Capitalization of 4.68M and an Enterprise Value of 6.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is -0.58.
Stock Price History:
Over the past 52 weeks, NVFY has reached a high of $6.38, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is 2.0436, while the 200-Day Moving Average is calculated to be 2.3256.
Shares Statistics:
The stock has traded on average 2.01M shares per day over the past 3-months and 7.3M shares per day over the last 10 days, according to various share statistics. A total of 1.42M shares are outstanding, with a floating share count of 0.64M. Insiders hold about 60.99% of the company’s shares, while institutions hold 1.52% stake in the company. Shares short for NVFY as of Mar 15, 2024 were 9.63k with a Short Ratio of 0.00, compared to 28.22k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.59% and a Short% of Float of 0.79%.
