Natuzzi (NYSE:NTZ) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

Natuzzi Stock Up 0.2 %

NTZ opened at $4.76 on Wednesday. Natuzzi has a twelve month low of $3.80 and a twelve month high of $7.20. The company has a 50-day simple moving average of $4.26 and a 200 day simple moving average of $4.51.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. bought a new position in Natuzzi S.p.A. (NYSE:NTZ) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi at the end of the most recent quarter. 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.