Haverty Furniture Companies (NYSE:HVT.A) Stock Jumps 1% – Here’s Why

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’s share price rose 1% during mid-day trading on Wednesday. The stock traded as high as $28.36 and last traded at $28.36. Approximately 174 shares were traded during mid-day trading, a decline of 33% from the average session volume of 261 shares. The stock had previously closed at $28.09.

Haverty Furniture Companies Price Performance

The company has a market cap of $456.31 million, a P/E ratio of 20.85 and a beta of 0.82. The company has a fifty day simple moving average of $29.57 and a 200-day simple moving average of $26.75.

Haverty Furniture Companies (NYSE:HVT.A) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.25 earnings per share for the quarter. The company had revenue of $194.94 million for the quarter.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and home furnishings. Operating under the Havertys name, the company sells products for living rooms, bedrooms, dining rooms, home offices and other areas of the home, including furniture, mattresses, rugs, lighting, accents and accessories.

The company serves customers through a network of retail stores and its e-commerce platform. Havertys also provides interior design services to help customers select and coordinate furnishings, along with related delivery and financing options.

Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a single furniture store into a regional retailer serving markets primarily across the South, Midwest and parts of the eastern United States.