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.

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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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