StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Thursday. The firm set a “hold” rating on the stock.
Natuzzi Trading Down 10.5 %
Natuzzi stock opened at $4.25 on Thursday. The firm’s fifty day moving average is $4.33 and its 200 day moving average is $4.48. Natuzzi has a 12-month low of $3.80 and a 12-month high of $7.20.
Institutional Trading of Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 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.
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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