HomesToLife (NASDAQ:HTLM) Trading Down 2.4% – Here’s What Happened

Shares of HomesToLife Ltd (NASDAQ:HTLM) fell 2.4% during trading on Wednesday . The stock traded as low as $1.80 and last traded at $2.00. Approximately 7,714 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 9,599 shares. The stock had previously closed at $2.05.

Wall Street Analyst Weigh In

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

HomesToLife Trading Down 2.4%

The company has a market cap of $29.38 million, a PE ratio of 16.67 and a beta of 0.05. The company has a fifty day simple moving average of $1.93 and a two-hundred day simple moving average of $1.98.

HomesToLife (NASDAQ:HTLM) last announced its quarterly earnings data on Friday, May 29th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $92.53 million during the quarter.

About HomesToLife

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.