Equities researchers at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Friday. The brokerage set a “hold” rating on the stock.
Natuzzi Price Performance
NYSE NTZ opened at $4.45 on Friday. Natuzzi has a 52 week low of $3.80 and a 52 week high of $7.20. The stock has a fifty day moving average of $4.19 and a 200-day moving average of $4.80.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. boosted its holdings in Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 121,262 shares of the company’s stock after buying an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 1.10% of Natuzzi worth $594,000 as of its most recent SEC filing. 6.07% of the stock is owned by hedge funds and other institutional investors.
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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