StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report report published on Thursday morning. The brokerage issued a hold rating on the stock.
Natuzzi Stock Performance
Shares of NYSE:NTZ opened at $4.75 on Thursday. The business has a fifty day moving average price of $4.70 and a 200-day moving average price of $4.41. Natuzzi has a 1-year low of $3.80 and a 1-year high of $6.49.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. acquired a new position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 as of its most recent SEC filing. Institutional investors and hedge funds 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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