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

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

Natuzzi Trading Down 1.2 %

Shares of NYSE NTZ opened at $4.80 on Friday. Natuzzi has a fifty-two week low of $4.75 and a fifty-two week high of $7.60. The stock has a fifty day moving average of $5.31 and a 200-day moving average of $5.97.

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.