Natuzzi (NYSE:NTZ) Shares Cross Below 200-Day Moving Average of $6.37

Natuzzi S.p.A. (NYSE:NTZGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.37 and traded as low as $5.70. Natuzzi shares last traded at $5.85, with a volume of 7,689 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on Natuzzi

Natuzzi Stock Down 1.7 %

The company has a 50-day simple moving average of $6.21 and a 200 day simple moving average of $6.37.

About Natuzzi

(Get Free Report)

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, Canada, other Americas, West and South Europe, Italy, the Middle East, Africa, India, the Asia-Pacific, the United Kingdom, and internationally.

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