Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Nova Lifestyle Inc (NASDAQ: NVFY) closed the day trading at $4.82 up 1.26% from the previous closing price of $4.76. In other words, the price has increased by $1.26 from its previous closing price. On the day, 2.32 million shares were traded. NVFY stock price reached its highest trading level at $5.39 during the session, while it also had its lowest trading level at $4.58.
Ratios:
For a better understanding of NVFY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 2.28. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 66377668 and an Enterprise Value of 67659704. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.60 while its Price-to-Book (P/B) ratio in mrq is 10.14. Its current Enterprise Value per Revenue stands at 6.894 whereas that against EBITDA is -18.241.
Stock Price History:
The Beta on a monthly basis for NVFY is 0.70, which has changed by 2.2348993 over the last 52 weeks, in comparison to a change of 0.1725707 over the same period for the S&P500. Over the past 52 weeks, NVFY has reached a high of $5.93, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is 111.58%, while the 200-Day Moving Average is calculated to be 320.06%.
Shares Statistics:
Over the past 3-months, NVFY traded about 708.13K shares per day on average, while over the past 10 days, NVFY traded about 2972580 shares per day. A total of 13.77M shares are outstanding, with a floating share count of 9.64M. Insiders hold about 30.00% of the company’s shares, while institutions hold 1.24% stake in the company. Shares short for NVFY as of 1755216000 were 124531 with a Short Ratio of 0.18, compared to 1752537600 on 76760. Therefore, it implies a Short% of Shares Outstanding of 124531 and a Short% of Float of 0.9299999999999999.
