StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report issued on Tuesday morning. The firm issued a hold rating on the stock.
Natuzzi Trading Down 1.0 %
Shares of NYSE NTZ opened at $6.00 on Tuesday. The business’s 50 day moving average price is $6.22 and its 200-day moving average price is $6.39. Natuzzi has a fifty-two week low of $4.76 and a fifty-two week high of $7.60.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Titleist Asset Management LLC acquired a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 14,107 shares of the company’s stock, valued at approximately $75,000. Institutional investors and hedge funds own 6.07% of the company’s stock.
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, Canada, other Americas, West and South Europe, Italy, the Middle East, Africa, India, the Asia-Pacific, the United Kingdom, and internationally.
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