Investment analysts at StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a note issued to investors on Saturday. The firm set a “hold” rating on the stock.
Natuzzi Stock Performance
NYSE:NTZ opened at $4.44 on Friday. Natuzzi has a fifty-two week low of $3.80 and a fifty-two week high of $7.12. The company has a fifty day moving average of $4.39 and a two-hundred day moving average of $4.42.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 121,262 shares of the company’s stock after acquiring an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned 1.10% of Natuzzi worth $594,000 at the end of the most recent reporting period. 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.
Read More
- Five stocks we like better than Natuzzi
- Election Stocks: How Elections Affect the Stock Market
- S&P 500 ETFs: Expense Ratios That Can Boost Your Long-Term Gains
- What Are Dividends? Buy the Best Dividend Stocks
- How AI Implementation Could Help MongoDB Roar Back in 2025
- What is a Death Cross in Stocks?
- Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon?
Receive News & Ratings for Natuzzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natuzzi and related companies with MarketBeat.com's FREE daily email newsletter.
