StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the stock.
Natuzzi Trading Down 3.3 %
Shares of NYSE:NTZ opened at $4.70 on Tuesday. The company has a 50 day moving average of $4.23 and a 200-day moving average of $4.53. Natuzzi has a one year low of $3.80 and a one year high of $7.20.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. bought a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm 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.
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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