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

Haverty Furniture Companies, Inc. (NYSE:HVT.A – Get Free Report) passed 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 trading hands.

Haverty Furniture Companies Trading Up 1.3%

The company has a 50-day moving average of $29.06 and a 200-day moving average of $26.94. The firm has a market capitalization of $466.45 million, a price-to-earnings ratio of 21.32 and a beta of 0.82.

Haverty Furniture Companies (NYSE:HVT.A – Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $0.25 earnings per share for the quarter. The business had revenue of $194.94 million for the quarter.

Haverty Furniture Companies Company Profile

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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.

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