Alert: Major Price Advance (9/13/24)-Natuzzi SPA (NYSE: NTZ).

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Natuzzi SPA (NYSE: NTZ) stock enjoyed a major increase of 15.4% on 9/13/24. The shares closed at $4.61. Moreover, this advance was accompanied by exceptionally high trading volume at 607% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 15.1% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, NTZ is expected to continue to be Value Creation neutral.

Natuzzi SPA has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Natuzzi SPA has a neutral Appreciation Score of 47 but a poor Power Rating of 18, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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