Morning Technical Insight on These Home Furnishings & Fixtures Stocks -- Nova Lifestyle, Tempur Sealy, Fortune Brands Home & Security, and Leggett & Platt
NEW YORK, Dec. 21, 2017 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on NVFY, TPX, FBHS, and LEG which can be accessed for free by signing up to http://www.wallstequities.com/registration. Pre-market, WallStEquities.com covers the following Home Furnishings and Fixtures stocks: Nova Lifestyle Inc. (NASDAQ: NVFY), Tempur Sealy International Inc. (NYSE: TPX), Fortune Brands Home & Security Inc. (NYSE: FBHS), and Leggett & Platt Inc. (NYSE: LEG). On Thursday, December 14th, 2017, Furniture Today reported that US home furnishings store sales for November grew to $10.02 billion, up from a revised $9.24 billion for the same month in 2016, according to the latest retail sales report released by the US Department of Commerce that day. Sales were up 1.2% from October sales, which were revised up to $9.9 billion from the previous $9.71 billion estimate, as per the report. All you have to do is sign up today for this free limited time offer, click the link below: http://www.wallstequities.com/registration
Nova Lifestyle
Commerce, California headquartered Nova Lifestyle Inc.'s shares jumped 9.46%, finishing Wednesday's trading session at $2.43. A total volume of 3.29 million shares was traded, which was higher than their three months average volume of 495,740 shares. In the last month and the previous three months, the stock has surged 30.65% and 50.93%, respectively. Additionally, the Company's shares have gained 25.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 36.55% and 56.10%, respectively. Moreover, shares of Nova Lifestyle have a Relative Strength Index (RSI) of 70.69.
On December 12th, 2017, Nova Lifestyle announced that its Board of Directors has approved a 10b-18 share buyback program to purchase up to $5 million of the Company's common stock, in transactions conducted through a broker or dealer in compliance with Rule 10b-18 promulgated under the Exchange Act. The duration of the program will be one year. Get the full research report on NVFY for free by clicking below at: http://www.wallstequities.com/registration/?symbol=NVFY
Tempur Sealy International
On Wednesday, shares in Lexington, Kentucky headquartered Tempur Sealy International Inc. recorded a trading volume of 369,822 shares, and ended the session 0.09% lower at $64.34. The stock has gained 12.68% in the last one month and 2.34% over the previous three months. The Company's shares are trading 7.08% above their 50-day moving average and 18.01% above their 200-day moving average. Furthermore, shares of Tempur Sealy, which together with its subsidiaries, develops, manufactures, markets, and distributes bedding products worldwide, have an RSI of 65.01. To experience our free membership services anytime/ anywhere and access the free report on TPX, click to register at: http://www.wallstequities.com/registration/?symbol=TPX
Fortune Brands Home & Security
Shares in Deerfield, Illinois headquartered Fortune Brands Home & Security Inc. closed at $67.90, rising 0.31% from the last trading session. The stock recorded a trading volume of 759,813 shares. The Company's shares have gained 4.67% in the last one month, 4.64% over the previous three months, and 27.01% since the start of this year. The stock is trading 2.67% and 5.57% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides home and security products for use in residential home repair, remodeling, new construction, and security applications, have an RSI of 55.74.
On December 11th, 2017, Fortune Brands Home & Security announced that on December 08th, 2017, its Board of Directors declared a quarterly cash dividend of $0.20 per common share, payable on March 14th, 2018, to stockholders of record as of the close of business on February 23rd, 2018. The Board also authorized the repurchase of up to $250 million of shares of the Company's common stock over the next two years on the open market, or in privately negotiated transactions, in accordance with applicable securities laws. Join our big investor community at Wall St. Equities today and start so with your free report on FBHS at: http://www.wallstequities.com/registration/?symbol=FBHS
Leggett & Platt
Carthage, Missouri-based Leggett & Platt Inc.'s stock ended 0.19% higher at $47.03 with a total trading volume of 398,792 shares. The Company's shares have advanced 1.49% in the last one month and 2.37% over the previous three months. The stock is trading below its 200-day moving average by 4.72%. Furthermore, shares of the Company, which designs and produces various engineered components and products worldwide, have an RSI of 50.05. Know more about LEG in our free research coverage at: http://www.wallstequities.com/registration/?symbol=LEG
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