StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a note issued to investors on Sunday. The firm set a “hold” rating on the stock.
Natuzzi Trading Up 2.2 %
Shares of Natuzzi stock opened at $4.75 on Friday. Natuzzi has a fifty-two week low of $3.80 and a fifty-two week high of $6.77. The firm has a 50-day simple moving average of $4.44 and a two-hundred day simple moving average of $4.41.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd 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 approximately 1.13% of Natuzzi as of its most recent SEC filing. 6.07% of the stock is currently owned by hedge funds and other institutional investors.
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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