Nova Lifestyle (NASDAQ:NVFY) Receiving Somewhat Positive Media Coverage, Study Finds

News headlines about Nova Lifestyle (NASDAQ:NVFY) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. 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 news impact score of 0.12 on Accern’s scale. Accern also assigned news articles about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near term.

Shares of Nova Lifestyle (NASDAQ NVFY) remained flat at $1.45 on Friday. 11,460 shares of the company were exchanged. The company has a 50-day moving average price of $1.44 and a 200-day moving average price of $1.59. The stock’s market cap is $39.10 million. Nova Lifestyle has a 1-year low of $0.51 and a 1-year high of $5.15.

Nova Lifestyle (NASDAQ:NVFY) last posted its quarterly earnings results on Monday, May 15th. The company reported ($0.04) EPS for the quarter. The business had revenue of $18.06 million during the quarter. Nova Lifestyle had a negative net margin of 2.74% and a negative return on equity of 3.34%.

Several research firms recently weighed in on NVFY. TheStreet downgraded Nova Lifestyle from a “c-” rating to a “d+” rating in a report on Thursday, May 18th. ValuEngine upgraded Nova Lifestyle from a “hold” rating to a “buy” rating in a research note on Thursday, May 18th.

WARNING: “Nova Lifestyle (NASDAQ:NVFY) Receiving Somewhat Positive Media Coverage, Study Finds” was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & international copyright & trademark law. The correct version of this piece can be accessed at https://www.chaffeybreeze.com/2017/07/29/nova-lifestyle-nasdaqnvfy-given-daily-media-sentiment-score-of-0-12-updated-updated-updated.html.

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.

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