Equities research analysts at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Thursday. The firm set a “hold” rating on the stock.
Natuzzi Price Performance
Shares of NTZ stock opened at $3.81 on Thursday. Natuzzi has a 52 week low of $3.81 and a 52 week high of $7.20. The company’s fifty day simple moving average is $4.23 and its 200-day simple moving average is $4.91.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. increased its holdings in Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the 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 about 1.10% of Natuzzi worth $594,000 as of its most recent filing with the SEC. 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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