Media coverage about Nova Lifestyle (NASDAQ:NVFY) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nova Lifestyle earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.3585830263502 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, ValuEngine lowered shares of Nova Lifestyle from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

Shares of Nova Lifestyle (NVFY) traded up 0.67% during trading on Thursday, reaching $1.50. 15,519 shares of the company were exchanged. Nova Lifestyle has a 52-week low of $1.06 and a 52-week high of $4.60. The stock’s 50-day moving average is $1.46 and its 200-day moving average is $1.46. The firm’s market cap is $40.69 million.

Nova Lifestyle (NASDAQ:NVFY) last posted its quarterly earnings results on Monday, August 7th. The company reported $0.02 earnings per share for the quarter. Nova Lifestyle had a negative net margin of 1.33% and a negative return on equity of 1.73%. The firm had revenue of $19.53 million during the quarter.

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About Nova Lifestyle

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.

Insider Buying and Selling by Quarter for Nova Lifestyle (NASDAQ:NVFY)

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