Natuzzi (NYSE:NTZ) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ) in a report released on Monday morning. The brokerage issued a hold rating on the stock.

Natuzzi Price Performance

Shares of NYSE NTZ opened at $4.54 on Monday. Natuzzi has a twelve month low of $4.35 and a twelve month high of $7.60. The stock has a fifty day simple moving average of $4.91 and a 200-day simple moving average of $5.70.

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.