News coverage about Nova LifeStyle (NASDAQ:NVFY) has been trending somewhat negative this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nova LifeStyle earned a media sentiment score of -0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.0770691063571 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Nova LifeStyle stock traded down $0.04 during midday trading on Wednesday, hitting $1.84. 996 shares of the company were exchanged, compared to its average volume of 166,436. The firm has a market capitalization of $51.94 million, a PE ratio of 7.27 and a beta of 1.60. The company has a debt-to-equity ratio of 0.06, a quick ratio of 25.57 and a current ratio of 27.95. Nova LifeStyle has a fifty-two week low of $1.81 and a fifty-two week high of $1.84.
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Nova LifeStyle (NASDAQ:NVFY) last released its quarterly earnings results on Thursday, March 29th. The company reported $0.17 EPS for the quarter. The firm had revenue of $35.68 million for the quarter. Nova LifeStyle had a return on equity of 10.82% and a net margin of 3.54%.
About Nova LifeStyle
Nova LifeStyle, Inc and its subsidiaries, designs, manufactures, markets, and sells residential furniture for middle and upper middle-income consumers worldwide. The company develops upholstered, wood, and metal-based residential furniture for the living rooms, dining rooms, bedrooms, and home offices.