Haverty Furniture Companies (NYSE:HVT.A) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’s stock price crossed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $29.06 and traded as low as $28.99. Haverty Furniture Companies shares last traded at $28.99, with a volume of 3,888 shares.

Haverty Furniture Companies Price Performance

The firm has a market capitalization of $466.45 million, a PE ratio of 21.32 and a beta of 0.82. The company’s fifty day simple moving average is $29.06 and its 200-day simple moving average is $26.94.

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

About Haverty Furniture Companies

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.