StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the stock.
Natuzzi Stock Up 4.0 %
Shares of NTZ opened at $4.50 on Tuesday. The stock’s fifty day simple moving average is $4.22 and its 200-day simple moving average is $4.53. Natuzzi has a 12-month low of $3.80 and a 12-month high of $7.20.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the third quarter, according to its most recent disclosure 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 filing with the Securities and Exchange Commission (SEC). Institutional investors 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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