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Company Shares of Natuzzi S.p.A. Rally 2.01%
    June 21,2016



 

 

Natuzzi S.p.A. (NYSE:NTZ) has climbed 2.01% in the past week and advanced 4.83% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.24% and the outperformance has advanced to 3.87% for the last 4 weeks period.

 

Natuzzi S.p.A. (NYSE:NTZ): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $1.56 and $1.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $1.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $1.52, notching a gain of 0.66% for the day. The total traded volume was 1,053,651 . The stock had closed at $1.51 on the previous day.

 

The company shares have dropped -31.84% from its 1 Year high price. On Jul 9, 2015, the shares registered one year high at $2.49 and the one year low was seen on Oct 12, 2015. The 50-Day Moving Average price is $1.51 and the 200 Day Moving Average price is recorded at $1.52.

 

Institutional Investors own 21.02% of Natuzzi S.p.A. shares.

 

Natuzzi S.p.A. is engaged in design, manufacture and marketing of contemporary and traditional leather and fabric upholstered furniture. Within leather and fabric upholstered furniture, the Company offers furniture in a range of categories, such as stationary furniture, including sofas, loveseats and armchairs; sectional furniture, motion furniture, sofa beds and occasional chairs, including recliners and massage chairs. The Company offers a range of upholstered furniture for sale, manufactured in production facilities located in Italy and in Romania, Brazil and China. As of March 31, 2015 the Company distributed its products as Natuzzi Italia, Natuzzi Editions/Leather Editions, Natuzzi Re-vive and other products. Natuzzi Italia is sold through the retail channel in mono-brand stores, concessions and galleries in multi-brand specialized stores and department stores. The Natuzzi Italia product line includes furnishings and accessories for the living room.

 

(Source: tradecalls)

 

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