Natuzzi (NYSE:NTZ) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Natuzzi (NYSE:NTZFree Report) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.

Natuzzi Stock Performance

NTZ opened at $4.33 on Monday. Natuzzi has a twelve month low of $3.80 and a twelve month high of $7.20. The company has a fifty day moving average of $4.22 and a 200-day moving average of $4.57.

Hedge Funds Weigh In On Natuzzi

A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. bought a new position in shares of Natuzzi S.p.A. (NYSE:NTZFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 reporting period. Institutional investors own 6.07% of the company’s stock.

Natuzzi Company Profile

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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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