StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research note issued to investors on Monday. The brokerage issued a hold rating on the stock.
Natuzzi Trading Up 0.2 %
Natuzzi stock opened at $4.55 on Monday. Natuzzi has a 12-month low of $3.80 and a 12-month high of $6.50. The firm has a 50 day simple moving average of $4.49 and a 200-day simple moving average of $4.39.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired 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 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. Hedge funds and other institutional investors own 6.07% of the company’s stock.
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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