Stanley Furniture Co. (NASDAQ:STLY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 26, 2016
Zacks Investment Research has upgraded Stanley Furniture Co. (NASDAQ:STLY) to Hold in a statement released on 9/27/2016.
Having a price of $1.82, Stanley Furniture Co. (NASDAQ:STLY) traded -0.56% lower on the day. With the last close down -30.03% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Stanley Furniture Co. has recorded a 50-day average of $2.37 and a two hundred day average of $2.54. Volume of trade was down over the average, with 33,121 shares of STLY changing hands under the typical 75,755
Recent Performance Chart
Stanley Furniture Co. has 52 week low of $1.66 and a 52 week high of $3.65 and has a market capitalization of $0.
Brief Synopsis On Stanley Furniture Co. (NASDAQ:STLY)
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. The Company's products are marketed under the Stanley Furniture brand, but also under sub-brands, including Coastal Living and Stone & Leigh. The Company's products are marketed as wood residential home furnishings and include a range of offerings for the home, including dining, bedroom, living room, home office, home entertainment, accent items, and nursery and youth furniture. The Company provides products in a range of wood species and finishes. The Company's product is sourced from independently owned factories in Southeast Asia, primarily in Vietnam.
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