Haverty Furniture Companies (NYSE:HVT.A) Shares Cross Below 50-Day Moving Average - Should You Sell?

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $22.70 and traded as low as $22.29. Haverty Furniture Companies shares last traded at $22.63, with a volume of 200 shares trading hands.

Haverty Furniture Companies Price Performance

The stock has a market capitalization of $371.29 million, a PE ratio of 14.23 and a beta of 1.24. The company's 50 day moving average price is $22.70 and its two-hundred day moving average price is $24.82.

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) last issued its earnings results on Wednesday, October 30th. The company reported $0.29 earnings per share (EPS) for the quarter. The company had revenue of $175.91 million during the quarter.

Haverty Furniture Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies's dividend payout ratio is presently 75.47%.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.