Natuzzi (NYSE:NTZ) Stock Price Crosses Below 200 Day Moving Average of $6.07

Natuzzi S.p.A. (NYSE:NTZ)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.07 and traded as low as $5.02. Natuzzi shares last traded at $5.06, with a volume of 2,003 shares traded.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Natuzzi in a report on Wednesday. They set a “hold” rating on the stock.

Natuzzi Trading Down 2.2 %

The firm has a 50-day simple moving average of $5.53 and a two-hundred day simple moving average of $6.06. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.57.

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.