StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report published on Friday. The brokerage issued a hold rating on the stock.
Natuzzi Stock Down 1.5 %
Shares of NTZ stock opened at $4.83 on Friday. The stock has a fifty day moving average of $4.71 and a 200 day moving average of $4.43. Natuzzi has a 52 week low of $3.80 and a 52 week high of $6.49.
Hedge Funds Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing 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 1.13% of Natuzzi at the end of the most recent quarter. Hedge funds and other 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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