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Haverty Furniture Companies (NYSE:HVT.A) Stock Crosses Below 200-Day Moving Average - Time to Sell?


Haverty Furniture Companies (NYSE:HVT.A) Stock Crosses Below 200-Day Moving Average   - Time to Sell?

Haverty Furniture Companies, Inc. (NYSE:HVT.A - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.18 and traded as low as $22.29. Haverty Furniture Companies shares last traded at $22.29, with a volume of 273 shares traded.

The business has a 50 day moving average price of $23.00 and a 200-day moving average price of $25.18. The company has a market capitalization of $365.78 million, a price-to-earnings ratio of 14.02 and a beta of 1.22.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Tuesday, November 26th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date was Tuesday, November 26th. Haverty Furniture Companies's payout ratio is 75.47%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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