Favorable Press Coverage Somewhat Unlikely to Impact Stanley Furniture (STLY) Share Price
News stories about Stanley Furniture (NASDAQ:STLY) have trended positive recently, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stanley Furniture earned a news impact score of 0.34 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.060416423267 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Stanley Furniture (STLY) traded up $0.02 during mid-day trading on Monday, hitting $0.84. 25,200 shares of the stock traded hands, compared to its average volume of 34,733. The stock has a market cap of $12.67, a P/E ratio of -12.00 and a beta of 0.21. Stanley Furniture has a fifty-two week low of $0.76 and a fifty-two week high of $1.39.
Stanley Furniture (NASDAQ:STLY) last announced its quarterly earnings results on Monday, November 13th. The company reported ($0.02) earnings per share (EPS) for the quarter. Stanley Furniture had a negative return on equity of 10.31% and a negative net margin of 2.34%.
Separately, ValuEngine upgraded shares of Stanley Furniture from a “sell” rating to a “hold” rating in a research note on Friday, December 1st.
In other news, major shareholder Hale Partnership Capital Manag purchased 740,896 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were purchased at an average cost of $0.98 per share, with a total value of $726,078.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 28.60% of the company’s stock.
Stanley Furniture Company Profile
Stanley Furniture Company, Inc is a design, marketing and sourcing resource in the wood residential furniture market. The Company’s segment is sale of residential wood furniture products. The Company markets its brands through a network of brick-and-mortar furniture retailers, online retailers and interior designers around the world.
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