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

StockNews.com began coverage on shares of Natuzzi (NYSE:NTZFree Report) in a research note published on Wednesday. The brokerage issued a hold rating on the stock.

Natuzzi Stock Down 1.8 %

Natuzzi stock opened at $4.81 on Wednesday. The business has a fifty day moving average price of $4.80 and a 200-day moving average price of $4.53. Natuzzi has a one year low of $3.80 and a one year high of $6.49.

Institutional Investors Weigh In On Natuzzi

A hedge fund recently raised its stake in Natuzzi stock. Benjamin Edwards Inc. grew its holdings in shares of Natuzzi S.p.A. (NYSE:NTZFree Report) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 131,050 shares of the company’s stock after acquiring an additional 5,988 shares during the quarter. Benjamin Edwards Inc. owned 1.19% of Natuzzi worth $629,000 at the end of the most recent quarter. Institutional investors own 6.07% of the company’s stock.

Natuzzi Company Profile

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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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