Natuzzi (NYSE:NTZ) Now Covered by Analysts at initiated coverage on shares of Natuzzi (NYSE:NTZGet Rating) in a research note published on Monday morning. The firm issued a hold rating on the stock.

Natuzzi Stock Performance

Shares of Natuzzi stock opened at $5.11 on Monday. The company has a market cap of $56.06 million, a PE ratio of -19.65 and a beta of 1.73. The company has a 50 day moving average of $5.58 and a 200-day moving average of $7.58. Natuzzi has a 1-year low of $4.40 and a 1-year high of $17.00.

Natuzzi (NYSE:NTZGet Rating) last released its earnings results on Friday, September 30th. The company reported ($0.11) earnings per share for the quarter. Natuzzi had a negative return on equity of 2.48% and a negative net margin of 0.48%. The business had revenue of $124.55 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. raised its position in Natuzzi by 60.8% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 144,152 shares of the company’s stock valued at $894,000 after purchasing an additional 54,526 shares during the last quarter. Titleist Asset Management LTD. bought a new position in Natuzzi in the 1st quarter valued at approximately $189,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Natuzzi by 11.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 15,577 shares of the company’s stock worth $171,000 after buying an additional 1,577 shares during the period. 16.44% of the stock is currently owned by institutional investors.

About Natuzzi

(Get Rating)

Natuzzi S.p.A. engages in the design, manufacture, and marketing of leather and fabric upholstered furniture through its own and franchised stores worldwide. It operates through two segments, Natuzzi Brand and Private Label. The company's products primarily include stationary furniture, such as sofas, loveseats, and armchairs; sectional furniture; motion furniture; sofa beds; occasional chairs, including recliners and massage chairs; home furnishing accessories, including coffee tables, lamps, rugs, and wall units; and home accessories, which include vases, mirrors, magazines racks, trays, and decorative objects.

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