HomesToLife (NASDAQ:HTLM) Shares Down 7.6% – What’s Next?

Shares of HomesToLife Ltd (NASDAQ:HTLM) were down 7.6% on Thursday . The company traded as low as $1.83 and last traded at $1.83. 6,335 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 9,915 shares. The stock had previously closed at $1.98.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, HomesToLife currently has a consensus rating of “Sell”.

HomesToLife Price Performance

The firm has a market capitalization of $26.88 million, a price-to-earnings ratio of 15.25 and a beta of 0.02. The business’s fifty day simple moving average is $1.87 and its 200 day simple moving average is $2.14.

HomesToLife (NASDAQ:HTLM) last posted its quarterly earnings results on Friday, May 29th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $92.53 million during the quarter.

HomesToLife Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 22nd were given a $0.065 dividend. The ex-dividend date of this dividend was Wednesday, April 22nd.

About HomesToLife

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.