StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research note issued on Sunday. The firm set a “hold” rating on the stock.
Natuzzi Trading Up 0.7 %
NYSE NTZ opened at $4.78 on Friday. Natuzzi has a twelve month low of $3.80 and a twelve month high of $6.49. The stock has a fifty day simple moving average of $4.80 and a 200-day simple moving average of $4.47.
Institutional Investors Weigh In On Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. bought a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission. 6.07% of the stock is currently 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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