Equities research analysts at StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Rating) in a research report issued on Tuesday. The brokerage set a "hold" rating on the stock.
Natuzzi Price Performance
NYSE:NTZ opened at $7.66 on Tuesday. Natuzzi has a 1-year low of $4.40 and a 1-year high of $14.00. The company has a 50-day moving average of $6.71 and a 200 day moving average of $6.96. The firm has a market cap of $84.03 million, a PE ratio of 11.78 and a beta of 1.62.
Get Natuzzi alerts:Natuzzi (NYSE:NTZ – Get Rating) last released its quarterly earnings data on Friday, November 25th. The company reported $0.50 earnings per share for the quarter. Natuzzi had a net margin of 1.42% and a return on equity of 7.10%. The company had revenue of $117.52 million during the quarter.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently raised its stake in Natuzzi stock. Cambridge Investment Research Advisors Inc. boosted its position in Natuzzi S.p.A. (NYSE:NTZ – Get Rating) by 11.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,577 shares of the company's stock after purchasing an additional 1,577 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.14% of Natuzzi worth $171,000 at the end of the most recent reporting period. 16.70% of the stock is owned by institutional investors and hedge funds.About Natuzzi
(Get Rating)
Natuzzi SpA engages in the design, production and marketing of contemporary and traditional leather and fabric upholstered furniture. Its products include sofas, armchairs, home furniture, and home accessories. The firm operates through the following product lines: Natuzzi Brand and Softaly/Private Label.
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