Natuzzi, S.p.A (NYSE:NTZ) Downgraded to “D+” at TheStreet

TheStreet downgraded shares of Natuzzi, S.p.A (NYSE:NTZ) from a c- rating to a d+ rating in a report published on Monday, TheStreetRatingsTable reports.

Separately, ValuEngine upgraded Natuzzi, S.p.A from a sell rating to a hold rating in a research report on Thursday, August 1st.

Shares of NTZ opened at $1.27 on Monday. The company has a market cap of $15.25 million, a PE ratio of 0.85 and a beta of 0.59. The business has a fifty day moving average of $1.93 and a 200 day moving average of $3.32. Natuzzi, S.p.A has a 52-week low of $1.21 and a 52-week high of $8.25. The company has a quick ratio of 0.73, a current ratio of 1.15 and a debt-to-equity ratio of 0.07.

Natuzzi, S.p.A (NYSE:NTZ) last issued its quarterly earnings results on Friday, May 24th. The company reported ($0.45) earnings per share (EPS) for the quarter. The company had revenue of $120.05 million during the quarter. Natuzzi, S.p.A had a return on equity of 12.12% and a net margin of 3.61%.

About Natuzzi, S.p.A

Natuzzi S.p.A. designs, manufactures, and markets leather and fabric upholstered furniture worldwide. The company operates through Natuzzi Brand and Softaly/Private Label segments. Its products primarily include stationary furniture, such as sofas, loveseats, and armchairs; sectional furniture; motion furniture; sofa beds; occasional chairs, including recliners and massage chairs; and furnishings and accessories for the living room and beds, bed linens, and bedroom furnishings.

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