StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research note published on Saturday. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
Shares of NYSE NTZ opened at $4.44 on Friday. The firm has a 50 day moving average price of $4.39 and a two-hundred day moving average price of $4.42. Natuzzi has a 52-week low of $3.80 and a 52-week high of $7.12.
Institutional Inflows and Outflows
An institutional investor recently bought a new position 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 Form 13F filing with the SEC. The fund acquired 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned 1.13% of Natuzzi at the end of the most recent reporting period. Institutional investors and hedge funds 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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