StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research note published on Saturday morning. The firm issued a hold rating on the stock.
Natuzzi Stock Down 3.1 %
Shares of Natuzzi stock opened at $4.44 on Friday. The company has a 50 day moving average of $4.39 and a 200-day moving average of $4.42. Natuzzi has a 1-year low of $3.80 and a 1-year high of $7.12.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 1.13% of Natuzzi as of its most recent SEC filing. 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.
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