Analysts at StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research note issued on Thursday. The firm set a “hold” rating on the stock.
Natuzzi Trading Down 4.0 %
Shares of NTZ opened at $4.32 on Thursday. Natuzzi has a one year low of $3.80 and a one year high of $6.43. The company’s fifty day moving average price is $4.79 and its 200 day moving average price is $4.56.
Institutional Trading of Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. purchased a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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 reporting period. 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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