Natuzzi (NYSE:NTZ) Shares Pass Below Two Hundred Day Moving Average of $5.97

Shares of Natuzzi S.p.A. (NYSE:NTZGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.97 and traded as low as $4.75. Natuzzi shares last traded at $4.80, with a volume of 4,590 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Natuzzi in a research report on Friday. They set a “hold” rating on the stock.

Get Our Latest Report on NTZ

Natuzzi Trading Down 1.2 %

The firm’s 50-day moving average price is $5.31 and its two-hundred day moving average price is $5.97.

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

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