StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.
Natuzzi Price Performance
NTZ opened at $4.44 on Friday. The business has a 50 day simple moving average of $4.39 and a 200-day simple moving average of $4.42. Natuzzi has a 12 month low of $3.80 and a 12 month high of $7.12.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 reporting period. Institutional investors own 6.07% of the company’s stock.
About Natuzzi
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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