Haverty Furniture Companies (NYSE:HVT.A) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Haverty Furniture Companies, Inc. (NYSE:HVT.A) crossed below its 50 day moving average during trading on Wednesday . 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 $22.29, with a volume of 200 shares changing hands.

Haverty Furniture Companies Price Performance

The firm has a market capitalization of $365.73 million, a price-to-earnings ratio of 14.02 and a beta of 1.22. The stock has a fifty day moving average of $22.70 and a two-hundred day moving average of $24.92.

Haverty Furniture Companies Announces Dividend

The business 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. The ex-dividend date of this dividend was Tuesday, November 26th. This represents a $1.20 dividend on an annualized basis and a yield of 5.38%. Haverty Furniture Companies’s payout ratio is 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.