(NVFY) Nova Lifestyle I - Ratings and Ratios

Nova LifeStyle, Inc. (NASDAQ:NVFY) operates as a global designer, manufacturer, and distributor of residential and commercial furniture, targeting middle to upper-middle-income consumers. The company’s product portfolio includes upholstered, wood, and metal-based furniture for living, dining, and bedroom spaces, as well as home office solutions. Specific offerings include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. Additionally, Nova LifeStyle markets physiotherapeutic jade mats, utilized in therapy clinics, hospitality settings, and real estate projects. The company distributes its products under the Nova LifeStyle, Diamond Sofa, and Nova Living brands, leveraging a multi-channel approach that includes direct sales, internet marketing, and participation in trade exhibitions. Nova LifeStyle was established in 2003, formerly known as Stevens Resources, Inc., and is headquartered in Commerce, California.

From a technical perspective, NVFY shares have shown declining momentum, with the last price of $0.46 falling below the 20-day SMA of $0.57 and the 50-day SMA of $0.59. The 200-day SMA of $1.12 further underscores the stock’s downward trend. Average trading volume over the past 20 days is 6,052 shares, indicating low liquidity. The ATR of $0.06 reflects limited price volatility.

Fundamentally, Nova LifeStyle has a market capitalization of $4.47 million, with a price-to-book ratio of 90.86, suggesting a significant premium to book value. The price-to-sales ratio stands at 0.40, while the company reports no earnings, leading to a P/E ratio of 0.00. This reflects operational challenges and the need for improved profitability.