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Haverty Furniture Companies (NYSE:HVT.A) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?

Haverty Furniture Companies logo with Retail/Wholesale background

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report)'s share price passed below its fifty day moving average during trading on Wednesday . 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 $22.29, with a volume of 200 shares changing hands.

Haverty Furniture Companies Price Performance

The firm has a market cap of $363.32 million, a P/E ratio of 13.92 and a beta of 1.24. The firm's 50-day moving average price is $22.68 and its 200 day moving average price is $24.90.

Haverty Furniture Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.42%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies's dividend payout ratio is presently 75.47%.

Haverty Furniture Companies Company Profile

(Get Free Report)

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.

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