NVFY - Nova LifeStyle, Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
2.0500
-0.0300 (-1.44%)
As of 2:20PM EST. Market open.
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Previous Close2.0800
Open2.0400
Bid2.0200 x 900
Ask2.0500 x 900
Day's Range2.0300 - 2.1000
52 Week Range1.5600 - 5.1500
Volume10,326
Avg. Volume8,514
Market Cap11.348M
Beta (5Y Monthly)2.31
PE Ratio (TTM)5.34
EPS (TTM)0.3840
Earnings DateMar 29, 2020 - Apr 02, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Nova LifeStyle Regains Compliance with the Minimum Bid Price Requirement

    Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that on January 9, 2020 it received written notice from Nasdaq that the Company has regained compliance with the minimum bid price continued listing requirement. The Company regained compliance with this requirement as a result of its common shares' closing bid price having been at or above the minimum requirement of $1.00 per share for a minimum of ten consecutive trading days. Following the Company’s regaining compliance with the continued listing requirement, the matter is now closed.

  • How Does Nova LifeStyle's (NASDAQ:NVFY) P/E Compare To Its Industry, After The Share Price Drop?
    Simply Wall St.

    How Does Nova LifeStyle's (NASDAQ:NVFY) P/E Compare To Its Industry, After The Share Price Drop?

    Unfortunately for some shareholders, the Nova LifeStyle (NASDAQ:NVFY) share price has dived 84% in the last thirty...

  • GlobeNewswire

    Nova LifeStyle Announces Expansion of Products

    Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that the Company has increased the number of products to be offered in 2020 by 25%, and up to 40% in certain furnishing categories. As a result of the Company’s ongoing efforts to source products manufactured to the Company’s specifications in locations other than China, all of these new products are being manufactured in India and Malaysia. The Company continues to expand its product offerings, and to source additional manufacturing arrangements outside China to minimize the impact of the US-imposed tariffs on products manufactured in China and to diversify the Company’s sourcing base.

  • GlobeNewswire

    Nova Lifestyle, Inc. Reports Third Quarter FY 2019 Results

    LOS ANGELES, Nov. 13, 2019 -- Nova Lifestyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the quarter and nine months.

  • Nova LifeStyle, Inc. (NASDAQ:NVFY) Might Not Be A Great Investment
    Simply Wall St.

    Nova LifeStyle, Inc. (NASDAQ:NVFY) Might Not Be A Great Investment

    Today we are going to look at Nova LifeStyle, Inc. (NASDAQ:NVFY) to see whether it might be an attractive investment...

  • How Much Of Nova LifeStyle, Inc. (NASDAQ:NVFY) Do Insiders Own?
    Simply Wall St.

    How Much Of Nova LifeStyle, Inc. (NASDAQ:NVFY) Do Insiders Own?

    A look at the shareholders of Nova LifeStyle, Inc. (NASDAQ:NVFY) can tell us which group is most powerful...

  • Do You Like Nova LifeStyle, Inc. (NASDAQ:NVFY) At This P/E Ratio?
    Simply Wall St.

    Do You Like Nova LifeStyle, Inc. (NASDAQ:NVFY) At This P/E Ratio?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • GlobeNewswire

    Nova Lifestyle, Inc. Reports Second Quarter FY 2019 Results

    Nova Lifestyle, Inc. (NASDAQ: NVFY)(“Nova LifeStyle” or the “Company”) today announces its financial results for the quarter ended June 30, 2019. Of course it takes substantial lead time to implement a relocation of manufacturing (which by necessity includes an assessment of the factory’s ability to deliver the quantity of the product, in accordance with the Company’s specifications, and in accordance with the Company’s quality control requirements), but we expect that a portion of our manufacturing will be transitioned to one or more of these venues during 2019.  Some of our manufacturing will continue to be performed in China because the intellectual know-how necessary to manufacture certain products is not generally available in other Asian countries.

  • Does Nova LifeStyle, Inc.'s (NASDAQ:NVFY) CEO Salary Reflect Performance?
    Simply Wall St.

    Does Nova LifeStyle, Inc.'s (NASDAQ:NVFY) CEO Salary Reflect Performance?

    Tawny Lam has been the CEO of Nova LifeStyle, Inc. (NASDAQ:NVFY) since 2016. This report will, first, examine the CEO...

  • GlobeNewswire

    Nova LifeStyle Plans to Launch Summer 2019 Collection at Las Vegas Market and Announces Participation at the IAHSP Expo 2019

    LOS ANGELES, July 17, 2019 -- Nova LifeStyle, Inc. (NASDAQ: NVFY)(“Nova LifeStyle” or the “Company”) announced today the launch of its Summer 2019 Collection in the Las Vegas.

  • GuruFocus.com

    4 Ben Graham Net-Net Screener Stocks for All-Time High Market Day

    The market is soaring, but some stocks are near Ben Graham levels

  • A Spotlight On Nova LifeStyle, Inc.'s (NASDAQ:NVFY) Fundamentals
    Simply Wall St.

    A Spotlight On Nova LifeStyle, Inc.'s (NASDAQ:NVFY) Fundamentals

    Attractive stocks have exceptional fundamentals. In the case of Nova LifeStyle, Inc. (NASDAQ:NVFY), there's is a...

  • GlobeNewswire

    Nova LifeStyle, Inc. Announces $2 Million Share Repurchase Program

    Nova LifeStyle, Inc. (NASDAQ: NVFY)(“Nova LifeStyle” or the “Company”) announced today that, on June 4, 2019, its Board of Directors has approved and authorized an 10b-18 share repurchase program for the Company to repurchase up to $2 million shares of its common stock (the “Shares”) in transactions conducted through a broker or dealer in compliance with Rule 10b-18 promulgated under the Exchange Act.  Nova LifeStyle intends to fund the repurchases from its more than $40 million existing cash balance. “The Board of Directors and management team believe that our current stock price is substantially undervalued and it is an attractive investment opportunity for us to repurchase our shares as an important part of our capital allocation strategy.” said Tawny Lam, Chairperson and Chief Executive Officer of Nova LifeStyle.

  • GlobeNewswire

    Bragar Eagel & Squire, P.C. is Investigating Certain Officers and Directors of Nova LifeStyle, Inc. (NASDAQ: NVFY) and Encourages Nova Investors to Contact the Firm

    Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Nova LifeStyle, Inc. (NVFY). If you are a long term stockholder of Nova, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form.  There is no cost or obligation to you.

  • Want To Invest In Nova LifeStyle, Inc. (NASDAQ:NVFY)? Here's How It Performed Lately
    Simply Wall St.

    Want To Invest In Nova LifeStyle, Inc. (NASDAQ:NVFY)? Here's How It Performed Lately

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Understanding Nova LifeStyle, Inc.'s (NASDAQ:NVFY) performance as a company requires examining more t...

  • Do Insiders Own Lots Of Shares In Nova LifeStyle, Inc. (NASDAQ:NVFY)?
    Simply Wall St.

    Do Insiders Own Lots Of Shares In Nova LifeStyle, Inc. (NASDAQ:NVFY)?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! A look at the shareholders of Nova LifeStyle, Inc. (NASDAQ:NVFY) can tell us which group is most powerful. Institutions...

  • GlobeNewswire

    Special Procedures Performed by Nova LifeStyle, Inc.’s Auditor Reveal No Evidence of Fictitious Sales or Customers, and Definitively Disprove the Malicious Assertions Set Forth in Andri Capital’s Self-Styled Research Report Dated December 21, 2018

    Nova LifeStyle, Inc. (NASDAQ: NVFY) today announced the results of special procedures performed by the Company’s Auditors at the direction of the Audit Committee.  The special procedures revealed no evidence of fictitious sales or of fictitious customers, and definitively disprove the malicious assertions set forth in Andri Capital’s self-styled research report regarding the Company (the “Andri Report”) published by Seeking Alpha on December 21, 2018. The Audit Committee acted promptly to address the concerns raised in the Andri Report, to ensure the integrity of the 2018 audit, and to rebuild the market confidence that was damaged by the issuance of the Andri Report.  The Audit Committee engaged the Company’s auditors to perform special procedures to confirm the reported sales.  The special procedures included the examination and testing of all customer purchase orders, packing lists, bills of lading, sales invoices, vouchers, and related documents, for the four customers targeted in the Andri Report for years 2015, 2016, 2017 and 2018.  Those procedures included, among others, 100% sampling of all transactions between the Company and the subject customers, the receipt of written confirmations from each of the subject customers of all sales transactions to that customer, in-person interviews of senior officials of three of the four subject customers1, and independent searches verifying the existence of the subject customers.  The special procedures have been performed, and the results have been communicated to the Audit Committee.  The Auditor performed the special procedures with respect to a total of 2,222 sales transactions between the Company and the subject customers.  The Company’s independent auditor has reported to the Audit Committee that with respect to the four subject customers the special procedures resulted in no evidence of fictitious sales or of fictitious customers.

  • Easy Come, Easy Go: How Nova LifeStyle Shareholders Got Unlucky And Saw 88% Of Their Cash Evaporate
    Simply Wall St.

    Easy Come, Easy Go: How Nova LifeStyle Shareholders Got Unlucky And Saw 88% Of Their Cash Evaporate

    Nova LifeStyle, Inc. (NASDAQ:NVFY) shareholders should be happy to see the share price up 21% in the last month. But will that repair the damage for the weary investors whoRead More...

  • GlobeNewswire

    DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nova Lifestyle, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

    The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nova Lifestyle, Inc. (“Nova Lifestyle” or “the Company”) (NASDAQ: NVFY) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

  • GlobeNewswire

    Nova Lifestyle, Inc. Reminder: Pawar Law Reminds of Important February 26, 2019 Lead Plaintiff Deadline in Class Action – NVFY

    Pawar Law Group reminds shareholders who purchased shares of Nova Lifestyle, Inc. (NVFY) from December 3, 2015 through December 20, 2018, inclusive (the “Class Period”) of the important February 26, 2019 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Nova Lifestyle investors under the federal securities laws.

  • GlobeNewswire

    Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nova Lifestyle, Inc. (NVFY)

    Law Offices of Howard G. Smith reminds investors of the February 26, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Nova Lifestyle, Inc. (“Nova Lifestyle” or the “Company”) (NASDAQ: NVFY) securities between December 3, 2015 and December 20, 2018, inclusive (the “Class Period”). Nova Lifestyle investors have until February 26, 2019 to file a lead plaintiff motion. Investors suffering losses on their Nova Lifestyle investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.

  • GlobeNewswire

    Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against Nova Lifestyle, Inc.

    Glancy Prongay & Murray LLP (“GPM”) reminds investors of the February 26, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Nova Lifestyle, Inc. (“Nova Lifestyle” or the “Company”) (NASDAQ: NVFY) securities between December 3, 2015 and December 20, 2018, inclusive (the “Class Period”). Nova Lifestyle investors have until February 26, 2019 to file a lead plaintiff motion. On December 21, 2018, a report by Andri Capital indicated improper sales at Nova, alleging the company had “booked sales of over $50 million in recent years to two companies that either have been dissolved or do not exist” and that “other supposedly large customers of [Nova LifeStyle] do not seem to recognize doing business with Nova LifeStyle (possibly for over $60 million since 2011).” Following this news, Nova’s stock price fell sharply on December 21, 2018.

  • GlobeNewswire

    Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Against Nova Lifestyle, Inc., Alerts of Feb 26, 2019 Deadline– NVFY

    Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Nova Lifestyle, Inc. (NVFY) from December 3, 2015 through December 20, 2018, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than February 26, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

  • GlobeNewswire

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Goldman Sachs, Nova LifeStyle, Yangtze River, and YRC Worldwide and Encourages Investors to Contact the Firm

    NEW YORK, Feb. 17, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of The Goldman Sachs.

  • ACCESSWIRE

    SHAREHOLDER ALERT: Pawar Law Group Announces a Securities Class Action Lawsuit Against Nova Lifestyle, Inc. – NVFY

    NEW YORK, NY / ACCESSWIRE / February 14, 2019 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Nova Lifestyle, Inc. (NASDAQ: NVFY) ...