StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the stock.
Natuzzi Price Performance
NYSE NTZ opened at $4.98 on Wednesday. The business has a fifty day simple moving average of $4.81 and a 200 day simple moving average of $4.54. Natuzzi has a 12 month low of $3.80 and a 12 month high of $6.43.
Institutional Inflows and Outflows
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) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi as of its most recent SEC filing. Institutional investors and hedge funds 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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