StockNews.com Begins Coverage on Natuzzi (NYSE:NTZ)

Equities researchers at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.

Natuzzi Trading Down 0.9 %

Shares of NYSE:NTZ opened at $5.45 on Friday. The firm’s 50-day simple moving average is $5.93 and its 200-day simple moving average is $6.22. The company has a quick ratio of 0.57, a current ratio of 0.97 and a debt-to-equity ratio of 0.17. Natuzzi has a fifty-two week low of $4.77 and a fifty-two week high of $7.60.

Natuzzi Company Profile

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, Italy, China, Brazil, Spain, Mexico, Canada, Australia, Belgium, the United Arab Emirates, South Korea, Israel, Taiwan, the United Kingdom, and internationally.