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

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $20.76 and traded as low as $17.28. Haverty Furniture Companies shares last traded at $17.46, with a volume of 107 shares traded.

Haverty Furniture Companies Trading Down 3.4 %

The company has a market capitalization of $285.58 million, a PE ratio of 11.09 and a beta of 1.15. The firm's 50-day simple moving average is $20.58 and its 200-day simple moving average is $22.44.

Haverty Furniture Companies (NYSE:HVT.A - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The company reported $0.47 EPS for the quarter. The company had revenue of $184.35 million during the quarter.

Haverty Furniture Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were paid a dividend of $0.30 per share. The ex-dividend date was Thursday, March 6th. This represents a $1.20 annualized dividend and a yield of 6.80%. Haverty Furniture Companies's payout ratio is presently 102.56%.

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.