Nova Lifestyle Inc Shares Close the Week 27.7% Lower - Weekly Wrap

The company saw its shares close the week 27.7% lower than last week, with trading volume higher than its 30 day average.

Jul 26, 2021 by Kwhen Finance Editors

Nova Lifestyle Inc Shares Close the Week 27.7% Lower - Weekly Wrap
Nova Lifestyle Inc (NVFY) shares closed this week 27.7% lower than it did at the end of last week. The stock is currently up 0.8% year-to-date, up 58.9% over the past 12 months, and down 12.7% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 2.0%.

Trading Activity

  • Shares traded as high as $5.50 and as low as $2.34 this week.
  • Shares closed 68.0% below its 52-week high and 65.5% above its 52-week low.
  • Trading volume this week was 40.8% lower than the 10-day average and 3.3% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Consumer Discretionary industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Nova Lifestyle Inc-31.20.858.9-66.075.9
Dow Jones Industrial Average0.715.734.8-0.337.1
S&P 500 Index1.018.439.1-0.638.9
Consumer Discretionary0.914.336.2-0.836.3

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by -141.7%
  • The company's stock price performance over the past 12 months lags the peer average by -25.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Nova Lifestyle IncNVFY00.858.9-66.075.9
Peer AvgN/A-1.1-2.079.2-26.181.4
La-Z-Boy Inc.LZB14.1-16.122.2-28.922.3
Hooker Furniture CorpHOFT11.95.364.2-21.169.0
Flexsteel Industries, Inc.FLXS-29.24.8151.1-28.4153.0

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

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