Stock analysts at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Tuesday. The firm set a “hold” rating on the stock.
Natuzzi Price Performance
Shares of NTZ stock opened at $4.36 on Tuesday. Natuzzi has a 12-month low of $3.80 and a 12-month high of $6.49. The firm has a fifty day moving average of $4.81 and a 200-day moving average of $4.50.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. bought a new position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned 1.13% of Natuzzi at the end of the most recent quarter. 6.07% of the stock is owned by institutional investors.
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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