Natuzzi S.p.A. (NTZ, Financial), a leading Italian furniture company, experienced a significant stock movement with a rapid increase of 9.43% in its share price. The stock is currently trading at $4.92 per share with a trading volume of 278 shares. Despite this surge, the turnover rate remains at 0.00% and the stock's amplitude is at 2.83%.
Recent financial reports reveal that Natuzzi generated a revenue of $90.86 million, but faced a net loss of $2.58 million, resulting in an earnings per share (EPS) of -$0.23. The company's gross profit stands at $34.66 million, with a price-to-earnings (P/E) ratio of -3.08. Currently, there are no institutional ratings providing guidance on whether to buy, hold, or sell the stock.
In the broader furniture and appliance sector, the overall decline was 1.45%. Notably, Energy Focus, Inc., Natuzzi, and Viomi Technology have seen significant gains. Meanwhile, companies like Nova LifeStyle, The Lovesac Company, and iRobot Corporation remain active, with turnover rates of 2.20%, 1.63%, and 1.48% respectively. Stocks with notable amplitude include Nova LifeStyle, Northann Corp., and Energy Focus, Inc., with amplitudes of 22.41%, 11.83%, and 11.72% respectively.
Natuzzi S.p.A. specializes in designing, manufacturing, and selling modern and traditional leather and fabric upholstered furniture. Its product range includes sofas, loveseats, armchairs, sectional furniture, motion furniture, sofa beds, living room furniture, and accessories. The company markets its products under several brands such as Natuzzi Italia, Private label, and Natuzzi Editions. While a significant portion of its revenue comes from the United States, Natuzzi also operates in Italy, Spain, the UK, and other countries.
