StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report sent to investors on Tuesday. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
NTZ opened at $4.86 on Tuesday. The stock’s fifty day simple moving average is $4.22 and its 200 day simple moving average is $4.53. Natuzzi has a 1-year low of $3.80 and a 1-year high of $7.20.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi at the end of the most recent quarter. 6.07% of the stock is currently owned by institutional investors and hedge funds.
Natuzzi Company Profile
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.
Further Reading
- Five stocks we like better than Natuzzi
- Dividend Payout Ratio Calculator
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- What is the Dogs of the Dow Strategy? Overview and Examples
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- The Role Economic Reports Play in a Successful Investment Strategy
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for Natuzzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natuzzi and related companies with MarketBeat.com's FREE daily email newsletter.
