Haverty Furniture Companies (NYSE:HVT.A) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’s share price passed 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 Trading Up 3.5 %

The firm has a market cap of $371.29 million, a P/E ratio of 14.23 and a beta of 1.24. The firm has a 50-day simple moving average of $22.70 and a 200-day simple moving average of $24.83.

Haverty Furniture Companies (NYSE:HVT.A) last announced its earnings results on Wednesday, October 30th. The company reported $0.29 earnings per share for the quarter. The firm had revenue of $175.91 million during the quarter.

Haverty Furniture Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, November 26th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.30%. The ex-dividend date of this dividend was Tuesday, November 26th. Haverty Furniture Companies’s payout ratio is 75.47%.

About Haverty Furniture Companies

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.