Equities researchers at StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.
Natuzzi Stock Down 1.5 %
NTZ opened at $4.83 on Friday. Natuzzi has a 52 week low of $3.80 and a 52 week high of $6.49. The business has a 50 day moving average price of $4.71 and a two-hundred day moving average price of $4.43.
Hedge Funds Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. bought a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 1.13% of Natuzzi as of its most recent SEC filing. Institutional investors own 6.07% of the company’s stock.
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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