StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report report published on Thursday morning. The brokerage issued a hold rating on the stock.
Natuzzi Stock Down 10.5 %
Shares of NTZ stock opened at $4.25 on Thursday. The stock has a fifty day moving average of $4.33 and a 200 day moving average of $4.48. Natuzzi has a 52 week low of $3.80 and a 52 week high of $7.20.
Institutional Inflows and Outflows
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 its most recent disclosure 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 1.13% of Natuzzi as of its most recent SEC filing. 6.07% of the stock is currently owned by institutional investors and hedge funds.
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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