On Monday, Hooker Furnishings Corporation (NASDAQ: HOFT) opened higher 13.72% from the last session, before settling in for the closing price of $10.35. Price fluctuations for HOFT have ranged from $7.34 to $19.79 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 112.61% at the time writing. With a float of $10.40 million, this company’s outstanding shares have now reached $10.71 million.
The extent of productivity of a business whose workforce counts for 1034 workers is very important to gauge. In terms of profitability, gross margin is 22.68%, operating margin of -4.27%, and the pretax margin is -3.94%.
Hooker Furnishings Corporation (HOFT) Insider Updates
A key investor’s attitude towards the stock of the Furnishings, Fixtures & Appliances industry is another important factor to consider. The insider ownership of Hooker Furnishings Corporation is 2.80%, while institutional ownership is 82.23%. The most recent insider transaction that took place on Dec 16 ’24, was worth 42,572. In this transaction Director of this company sold 2,489 shares at a rate of $17.10, taking the stock ownership to the 20,783 shares.
Hooker Furnishings Corporation (HOFT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 112.61% per share during the next fiscal year.
Hooker Furnishings Corporation (NASDAQ: HOFT) Trading Performance Indicators
Check out the current performance indicators for Hooker Furnishings Corporation (HOFT). In the past quarter, the stock posted a quick ratio of 1.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.10, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 1.19 in one year’s time.
Technical Analysis of Hooker Furnishings Corporation (HOFT)
The latest stats from [Hooker Furnishings Corporation, HOFT] show that its last 5-days average volume of 0.44 million was superior to 85744.0 than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.95%.
During the past 100 days, Hooker Furnishings Corporation’s (HOFT) raw stochastic average was set at 68.05%, which indicates a significant decrease from 81.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.31% in the past 14 days, which was higher than the 65.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.82, while its 200-day Moving Average is $13.42. Now, the first resistance to watch is $12.58. This is followed by the second major resistance level at $13.40. The third major resistance level sits at $14.70. If the price goes on to break the first support level at $10.46, it is likely to go to the next support level at $9.16. Assuming the price breaks the second support level, the third support level stands at $8.34.
Hooker Furnishings Corporation (NASDAQ: HOFT) Key Stats
There are currently 10,703K shares outstanding in the company with a market cap of 125.90 million. Presently, the company’s annual sales total 397,470 K according to its annual income of -12,510 K. Last quarter, the company’s sales amounted to 85,320 K and its income totaled -3,050 K.
