Investment analysts at StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.
Natuzzi Price Performance
NYSE:NTZ opened at $4.75 on Monday. Natuzzi has a 52 week low of $3.80 and a 52 week high of $6.49. The firm has a 50 day moving average of $4.82 and a 200 day moving average of $4.48.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. purchased a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 1.13% of Natuzzi at the end of the most recent quarter. 6.07% of the stock is 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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