Haverty Furniture Companies (NYSE:HVT.A) Shares Up 1% – Here’s Why

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’s share price rose 1% during trading on Wednesday. The stock traded as high as $28.36 and last traded at $28.36. 174 shares traded hands during trading, a decline of 33% from the average daily volume of 261 shares. The stock had previously closed at $28.09.

Haverty Furniture Companies Stock Up 1.0%

The stock’s 50 day moving average price is $29.57 and its two-hundred day moving average price is $26.75. The firm has a market capitalization of $456.31 million, a price-to-earnings ratio of 20.85 and a beta of 0.82.

Haverty Furniture Companies (NYSE:HVT.A) last issued its earnings results on Tuesday, August 4th. The company reported $0.25 EPS for the quarter. The firm had revenue of $194.94 million during the quarter.

Haverty Furniture Companies Company Profile

Haverty Furniture Companies, Inc is a specialty retailer of residential furniture and home furnishings. Operating under the Havertys name, the company sells products for living rooms, bedrooms, dining rooms, home offices and other areas of the home, including furniture, mattresses, rugs, lighting, accents and accessories.

The company serves customers through a network of retail stores and its e-commerce platform. Havertys also provides interior design services to help customers select and coordinate furnishings, along with related delivery and financing options.

Founded in Atlanta in 1885 by James Joseph Haverty, the company has grown from a single furniture store into a regional retailer serving markets primarily across the South, Midwest and parts of the eastern United States.