Haverty Furniture Companies (NYSE:HVT.A) Shares Pass Below Fifty Day Moving Average – Here’s What Happened

Shares of Haverty Furniture Companies, Inc. (NYSE:HVT.A) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 traded.

Haverty Furniture Companies Trading Up 2.0 %

The stock has a 50-day simple moving average of $22.70 and a 200-day simple moving average of $24.92. The company has a market cap of $365.73 million, a price-to-earnings ratio of 14.02 and a beta of 1.22.

Haverty Furniture Companies Dividend Announcement

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