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

Shares of Haverty Furniture Companies, Inc. (NYSE:HVT.A) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $22.70 and traded as low as $22.29. Haverty Furniture Companies shares last traded at $22.63, with a volume of 200 shares.

Haverty Furniture Companies Stock Performance

The company’s fifty day simple moving average is $22.70 and its two-hundred day simple moving average is $24.83. The stock has a market capitalization of $371.29 million, a P/E ratio of 14.23 and a beta of 1.24.

Haverty Furniture Companies (NYSE:HVT.A) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.29 EPS for the quarter. The business had revenue of $175.91 million for the quarter.

Haverty Furniture Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, November 26th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies’s dividend payout ratio is currently 75.47%.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc operates as a specialty retailer of residential furniture and accessories in the United States. The company offers furniture merchandise under the Havertys brand name. It also provides custom upholstery products and eclectic looks; and mattress product lines under the Sealy, Tempur-Pedic, and Serta names, as well as private label Skye name.