Natuzzi (NTZ) to Release Earnings on Wednesday

Natuzzi (NYSE:NTZ – Get Rating) will release its earnings data after the market closes on Wednesday, May 31st. Persons that wish to register for the company’s earnings conference call can do so using this link.

Natuzzi Price Performance

Natuzzi stock opened at $5.90 on Wednesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.06 and a quick ratio of 0.67. Natuzzi has a twelve month low of $4.40 and a twelve month high of $10.74. The company’s 50-day moving average price is $5.26 and its two-hundred day moving average price is $6.03.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Natuzzi stock. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Natuzzi S.p.A. (NYSE:NTZ – Get Rating) by 11.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,577 shares of the company’s stock after purchasing an additional 1,577 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.14% of Natuzzi worth $171,000 at the end of the most recent quarter. 16.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

About Natuzzi

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Natuzzi SpA engages in the design, production and marketing of contemporary and traditional leather and fabric upholstered furniture. Its products include sofas, armchairs, home furniture, and home accessories. The firm operates through the following product lines: Natuzzi Brand and Softaly/Private Label.