StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research note published on Monday morning. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
NYSE:NTZ opened at $4.64 on Monday. Natuzzi has a 12-month low of $3.80 and a 12-month high of $6.49. The business has a 50 day simple moving average of $4.82 and a 200 day simple moving average of $4.49.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 filing with the Securities and Exchange Commission. 6.07% of the stock is 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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