Haverty Furniture Companies (NYSE:HVT.A) Stock Passes Below 200 Day Moving Average – What’s Next?

Shares of Haverty Furniture Companies, Inc. (NYSE:HVT.A) 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 trading hands.

Haverty Furniture Companies Stock Performance

The company has a market capitalization of $365.73 million, a PE ratio of 14.02 and a beta of 1.22. The stock’s fifty day simple moving average is $22.93 and its 200-day simple moving average is $25.14.

Haverty Furniture Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Tuesday, November 26th were given a dividend of $0.30 per share. 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 dividend payout ratio (DPR) is currently 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.