Natuzzi (NYSE:NTZ) Share Price Passes Below Two Hundred Day Moving Average of $6.31

Natuzzi S.p.A. (NYSE:NTZGet Free Report)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.31 and traded as low as $5.35. Natuzzi shares last traded at $5.40, with a volume of 61,073 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Natuzzi in a research note on Friday. They set a “hold” rating for the company.

Get Our Latest Research Report on NTZ

Natuzzi Stock Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.57. The business has a 50 day moving average price of $6.13 and a 200-day moving average price of $6.31.

Natuzzi Company Profile

(Get Free Report)

Natuzzi S.p.A. engages in the design, manufacture, and marketing of leather and fabric upholstered furniture through its own and franchised stores in the United States, Canada, other Americas, West and South Europe, Italy, the Middle East, Africa, India, the Asia-Pacific, the United Kingdom, and internationally.

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