Natuzzi S.p.A. (NTZ, Financial) recently experienced a significant stock price drop of 5.97%, bringing its share price to $4.57. The trading volume was recorded at 269 shares with a turnover rate of 0.00% and price fluctuation of 0.00%.
The latest financial report reveals Natuzzi's revenue at $90.86 million, with a net loss of $2.58 million and earnings per share at -$0.23. The company's gross profit stands at $34.66 million, while the price-to-earnings ratio is -2.85. Currently, there are no institutional ratings suggesting a "buy," "hold," or "sell" for the stock.
In the broader furniture and home appliance sector, which saw an overall increase of 0.66%, other stocks such as Viomi Technology, Sleep Number Corporation, and Purple Innovation, Inc. showed notable gains. Meanwhile, Irobot Corporation, Novavax Furniture, and Viomi Technology were actively traded, with turnover rates of 1.87%, 1.06%, and 0.92%, respectively. Viomi Technology, Novavax Furniture, and Sleep Number Corporation also displayed significant price fluctuations, with amplitudes of 21.33%, 11.09%, and 9.02%, respectively.
Natuzzi S.p.A. is an Italian company specializing in the design, manufacture, and sale of modern and traditional leather and fabric upholstered furniture. Its product range includes sofas, loveseats, armchairs, sectional furniture, motion furniture, and sofa beds, along with living room furniture and accessories. The company markets its products under various brands, including Natuzzi Italia, Private Label, and Natuzzi Editions. A significant portion of its revenue comes from the United States, with additional international operations in Italy, Spain, the UK, and other countries.
