Research analysts at StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a note issued to investors on Monday. The brokerage set a “hold” rating on the stock.
Natuzzi Stock Down 0.6 %
Shares of Natuzzi stock opened at $4.33 on Monday. Natuzzi has a 1 year low of $3.80 and a 1 year high of $7.20. The business has a fifty day simple moving average of $4.21 and a two-hundred day simple moving average of $4.57.
Institutional Trading of Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. acquired a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing. 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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