Nova Lifestyle Inc [NASDAQ: NVFY] stock went on an upward path that rose over 64.79% on Friday, amounting to a one-week price increase of more than 160.36%.
Over the last 12 months, NVFY stock rose by 553.98%.
The market cap for the stock reached $102.49 million, with 13.77 million shares outstanding and 9.64 million shares in the current float. Compared to the average trading volume of 298.02K shares, NVFY stock reached a trading volume of 20606874 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Nova Lifestyle Inc [NVFY]:
The Price to Book ratio for the last quarter was 9.26, with the Price to Cash per share for the same quarter was set at 0.02.
NVFY Stock Performance Analysis:
Nova Lifestyle Inc [NVFY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 160.36. With this latest performance, NVFY shares gained by 100.00% in over the last four-week period, additionally plugging by 678.76% over the last 6 months – not to mention a rise of 553.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NVFY stock in for the last two-week period is set at 79.86, with the RSI for the last a single of trading hit 0.52, and the three-weeks RSI is set at 0.40 for Nova Lifestyle Inc [NVFY]. The present Moving Average for the last 50 days of trading for this stock 2.14, while it was recorded at 2.60 for the last single week of trading, and 1.11 for the last 200 days.
Insight into Nova Lifestyle Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Nova Lifestyle Inc [NVFY] shares currently have an operating margin of -38.39% and a Gross Margin at 52.12%. Nova Lifestyle Inc’s Net Margin is presently recorded at -42.43%.
Nova Lifestyle Inc (NVFY) Capital Structure & Debt Analysis
According to recent financial data for Nova Lifestyle Inc. ( NVFY), the Return on Equity (ROE) stands at -126.29%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -47.76%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Nova Lifestyle Inc’s Return on Invested Capital (ROIC) is -58.25%, showcasing its effectiveness in deploying capital for earnings.
Nova Lifestyle Inc (NVFY) Efficiency & Liquidity Metrics
Based on Nova Lifestyle Inc’s (NVFY) latest financial statements, the Debt-to-Equity Ratio is 0.27%, indicating its reliance on debt financing relative to shareholder equity.
Nova Lifestyle Inc (NVFY) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Nova Lifestyle Inc. (NVFY) effectively leverages its workforce, generating an average of -$154074.07 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.28% and a Quick Ratio of 0.18%, indicating strong ability to cover short-term liabilities.
Nova Lifestyle Inc [NVFY] Institutonal Ownership Details
There are presently around $0.93%, or 1.65%% of NVFY stock, in the hands of institutional investors.
