StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report published on Monday morning. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
NTZ stock opened at $4.78 on Monday. Natuzzi has a 1-year low of $3.80 and a 1-year high of $6.50. The business has a fifty day moving average price of $4.51 and a 200-day moving average price of $4.39.
Hedge Funds Weigh In On Natuzzi
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. lifted its holdings in Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,262 shares of the company’s stock after acquiring an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned 1.10% of Natuzzi worth $594,000 at the end of the most recent reporting period. 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.
Recommended Stories
- Five stocks we like better than Natuzzi
- How to Calculate Inflation Rate
- 4 Social Media Stocks Set to Gain as TikTok Ban Looms
- What Are the U.K. Market Holidays? How to Invest and Trade
- How Do Stock Buybacks Affect Shareholders?
- What Are Some of the Best Large-Cap Stocks to Buy?
- JPMorgan Chase & Co. Stock Can Hit $300 This Year
Receive News & Ratings for Natuzzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natuzzi and related companies with MarketBeat.com's FREE daily email newsletter.
