StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report sent to investors on Thursday. The firm issued a hold rating on the stock.
Natuzzi Stock Down 4.0 %
NTZ opened at $4.32 on Thursday. The company has a fifty day moving average price of $4.79 and a two-hundred day moving average price of $4.56. Natuzzi has a 1-year low of $3.80 and a 1-year high of $6.43.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natuzzi stock. Benjamin Edwards Inc. lifted its position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 131,050 shares of the company’s stock after purchasing an additional 5,988 shares during the quarter. Benjamin Edwards Inc. owned 1.19% of Natuzzi worth $629,000 at the end of the most recent reporting period. 6.07% of the stock is owned by institutional investors.
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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