Natuzzi, S.p.A. (NTZ) Posts Earnings Results
Natuzzi, S.p.A. (NYSE:NTZ) issued its earnings results on Friday. The company reported ($0.08) earnings per share (EPS) for the quarter, Morningstar.com reports. The company had revenue of $129.57 million for the quarter. Natuzzi, S.p.A. had a negative net margin of 3.67% and a negative return on equity of 2.93%.
Shares of Natuzzi, S.p.A. (NYSE NTZ) opened at 2.57 on Friday. The company’s market capitalization is $137.49 million. The company has a 50 day moving average price of $2.59 and a 200 day moving average price of $2.74. Natuzzi, S.p.A. has a 12-month low of $1.50 and a 12-month high of $3.30.
Separately, TheStreet lowered shares of Natuzzi, S.p.A. from a “c” rating to a “d+” rating in a research note on Friday, May 26th.
Natuzzi, S.p.A. Company Profile
Natuzzi S.p.A. (Natuzzi) is engaged in the design, manufacture and marketing of contemporary and traditional leather and fabric upholstered furniture. The Company designs, manufactures and sells a collection of couches, armchairs, home furniture and home accessories. The Company operates in two segments: Natuzzi brand and Softaly/Private label.
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