Nova LifeStyle (NVFY) Stock Price, News & Analysis

Company Overview

Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinic, hospitality, and real estate projects. It distributes its products under the Nova LifeStyle, Diamond Sofa, and Nova Living brand directly, as well as through internet sales and online marketing campaigns, and participation in exhibitions and trade shows primarily to furniture distributors and retailers. The company was formerly known as Stevens Resources, Inc. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California.

Key Stats

• Today's Range: $0.45 to $0.50
• 50-Day Range: $0.41 to $1.37
• 52-Week Range: $0.39 to $6.38
• Volume: 100,914 shs
• Average Volume: 467,433 shs
• Market Capitalization: $1.52 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NVFY Stock Analysis - Frequently Asked Questions

How have NVFY shares performed this year?

Nova LifeStyle's stock was trading at $3.77 at the beginning of 2024. Since then, NVFY shares have decreased by 87.0% and is now trading at $0.4919.
View the best growth stocks for 2024 here.

How were Nova LifeStyle's earnings last quarter?

Nova LifeStyle, Inc. (NASDAQ:NVFY) announced its earnings results on Monday, August, 13th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $24.11 million for the quarter. Nova LifeStyle had a negative net margin of 92.08% and a negative trailing twelve-month return on equity of 718.36%.

When did Nova LifeStyle's stock split?

Shares of Nova LifeStyle reverse split on Wednesday, May 24th 2023. The 1-5 reverse split was announced on Wednesday, May 24th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, May 24th 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

How do I buy shares of Nova LifeStyle?

Shares of NVFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Nova LifeStyle own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nova LifeStyle investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), CymaBay Therapeutics (CBAY) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/13/2018
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Household furniture
• Sub-Industry: Consumer Goods
• Current Symbol: NASDAQ:NVFY
• CUSIP: N/A
• CIK: 1473334
• Web: www.novalifestyle.com
• Phone: (323) 888-9999
• Fax: 323-888-9908
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($4.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-7,720,000.00
• Net Margins: -92.08%
• Pretax Margin: -86.20%
• Return on Equity: -718.36%
• Return on Assets: -157.49%

Debt

• Debt-to-Equity Ratio: 3.02
• Current Ratio: 0.71
• Quick Ratio: 0.15

Sales & Book Value

• Annual Sales: $9.96 million
• Price / Sales: 0.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.26 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 3,085,000
• Free Float: 2,524,000
• Market Cap: $1.52 million
• Optionable: Not Optionable
• Beta: 1.11