Equities researchers at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Monday. The firm set a “hold” rating on the stock.
Natuzzi Stock Performance
Shares of NYSE:NTZ opened at $4.31 on Monday. Natuzzi has a 52 week low of $3.90 and a 52 week high of $7.60. The firm has a 50 day simple moving average of $4.32 and a 200 day simple moving average of $5.15.
Institutional Trading of Natuzzi
A hedge fund recently raised its stake in Natuzzi stock. Benjamin F. Edwards & Company Inc. boosted its position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,262 shares of the company’s stock after acquiring an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 1.10% of Natuzzi worth $594,000 at the end of the most recent quarter. Institutional investors own 6.07% of the company’s stock.
About Natuzzi
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, Italy, China, Brazil, Spain, Mexico, Canada, Australia, Belgium, the United Arab Emirates, South Korea, Israel, Taiwan, the United Kingdom, and internationally.
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