Equities researchers at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the stock.
Natuzzi Price Performance
NYSE NTZ opened at $4.83 on Friday. Natuzzi has a 1 year low of $3.80 and a 1 year high of $6.49. The business’s 50-day moving average is $4.79 and its 200 day moving average is $4.46.
Institutional Trading of Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 1.13% of Natuzzi as of its most recent filing with the SEC. Hedge funds and other institutional investors own 6.07% of the company’s stock.
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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