HomesToLife (NASDAQ:HTLM) Stock Price Down 2.4% – Should You Sell?

HomesToLife Ltd (NASDAQ:HTLM)’s share price dropped 2.4% on Wednesday . The company traded as low as $1.80 and last traded at $2.00. Approximately 7,714 shares changed hands during trading, a decline of 20% from the average daily volume of 9,599 shares. The stock had previously closed at $2.05.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of HomesToLife from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

HomesToLife Stock Performance

The company has a 50-day simple moving average of $1.93 and a 200 day simple moving average of $1.97. The company has a market capitalization of $27.76 million, a P/E ratio of 15.75 and a beta of 0.05.

HomesToLife (NASDAQ:HTLM) last issued its quarterly earnings results on Friday, May 29th. The company reported $0.04 EPS for the quarter. The business had revenue of $92.53 million for the quarter.

HomesToLife Company Profile

HomesToLife Ltd. engages in the retail of home furniture and sale of customized furniture solutions. Its products include leather and fabric upholstered furniture, case goods, and accessories. The company was founded by Yong Pin Phua and Yong Tat Phua in September 1989 and is headquartered in Singapore.