StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report published on Sunday. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
NYSE:NTZ opened at $4.61 on Friday. The stock’s fifty day moving average is $4.34 and its two-hundred day moving average is $5.22. Natuzzi has a 52 week low of $3.90 and a 52 week high of $7.60.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Natuzzi stock. Benjamin F. Edwards & Company Inc. grew its position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,262 shares of the company’s stock after purchasing an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 1.10% of Natuzzi worth $594,000 as of its most recent SEC filing. 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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