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

Haverty Furniture Companies, Inc. (NYSE:HVT.A)’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.

Haverty Furniture Companies Stock Performance

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.

Haverty Furniture Companies Announces Dividend

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%.

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.