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Nova Lifestyle Inc (NVFY) Stock: Buy, Hold, or Sell?

Monday, January 11, 2021 01:50 PM | InvestorsObserver Analysts

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Nova Lifestyle Inc (NVFY) Stock: Buy, Hold, or Sell?

InvestorsObserver is giving Nova Lifestyle Inc (NVFY) an Analyst Rating Rank of 0, meaning NVFY is ranked higher by analysts than 0% of stocks. The average projection by analysts for NVFY is $ over the next 12 months and analyst’s classify the stock as a Strong Sell

Overall Score -
Wall Street analysts are rating NVFY a Strong Sell today. Find out what this means to you and get the rest of the rankings on NVFY!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.

InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Nova Lifestyle Inc Stock Today?

Nova Lifestyle Inc (NVFY) stock is trading at $2.81 as of 1:43 PM on Monday, Jan 11, a loss of -$0.23, or -7.56% from the previous closing price of $3.04. The stock has traded between $2.65 and $3.00 so far today. Volume today is 152,595 compared to average volume of 137,885.

Click Here to get the full report on Nova Lifestyle Inc (NVFY) Stock.

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