News stories about Nova Lifestyle (NASDAQ:NVFY) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nova Lifestyle earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.6768251579252 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, ValuEngine cut shares of Nova Lifestyle from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.
Nova Lifestyle (NVFY) traded down $0.04 during trading on Tuesday, reaching $1.91. 238,500 shares of the company’s stock traded hands, compared to its average volume of 300,628. The company has a debt-to-equity ratio of 0.05, a current ratio of 74.16 and a quick ratio of 66.69. Nova Lifestyle has a 12 month low of $1.06 and a 12 month high of $3.10.
Nova Lifestyle Company Profile
Nova LifeStyle, Inc is a manufacturer of contemporary styled residential furniture incorporated into a marketing and sales platform offering retail, as well as online selection. The Company operates through the design, manufacture and sale of furniture segment. The Company monitors trending and work to create design elements that are then integrated into its product lines that can be used as standalone, as well as whole room and home furnishing solutions.
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