Natuzzi, S.p.A (NYSE:NTZ) Share Price Passes Below Fifty Day Moving Average of $1.68
Natuzzi, S.p.A (NYSE:NTZ) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.68 and traded as low as $1.67. Natuzzi, S.p.A shares last traded at $1.67, with a volume of 3,140 shares trading hands.
Separately, ValuEngine upgraded shares of Natuzzi, S.p.A from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.
The firm’s 50-day moving average price is $1.69 and its 200 day moving average price is $1.65. The firm has a market cap of $18.32 million, a P/E ratio of -0.42 and a beta of 0.79.
Natuzzi, S.p.A Company Profile (NYSE:NTZ)
Natuzzi S.p.A. designs, manufactures, and markets leather and fabric upholstered furniture worldwide. The company operates through Natuzzi Brand and Softaly/Private Label segments. Its products primarily include stationary furniture, such as sofas, loveseats, and armchairs; sectional furniture; motion furniture; sofa beds; occasional chairs, including recliners and massage chairs; and furnishings and accessories for the living room and beds, bed linens, and bedroom furnishings.
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