Natuzzi (NTZ, Financial), a prominent player in the furniture and appliance industry, recently experienced a significant stock decline of 5.72%. The current trading price stands at $4.10 per share with a trading volume of 499 shares. The turnover rate and price fluctuation were negligible.
Financial reports reveal that Natuzzi's revenue reached $91.71 million, with a net loss of $1.85 million, translating to an earnings per share of -$0.17. The gross profit was $33.86 million, and it holds a price-to-earnings ratio of -2.89. As of now, no institutional ratings or recommendations are available for Natuzzi's stock.
The broader furniture and appliance industry saw an overall decline of 1.63%. In contrast, some peers like Fgi Industries Ltd. and Aterian, Inc. have shown substantial growth. Active stocks in the sector included The Lovesac Company and Irobot Corporation, with notable turnover rates. Aterian, Inc. and Fgi Industries Ltd. also experienced significant price volatility.
Natuzzi S.p.A. is an Italian company renowned for designing, manufacturing, and selling both modern and traditional leather and fabric upholstered furniture. Their product range includes sofas, armchairs, and various living room accessories, marketed under brands like Natuzzi Italia and Natuzzi Editions. A substantial portion of their revenue comes from the United States, with international operations in Italy, Spain, and the UK.
