StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report released on Wednesday. The firm issued a hold rating on the stock.
Natuzzi Price Performance
Shares of NYSE NTZ opened at $4.98 on Wednesday. The company’s fifty day simple moving average is $4.81 and its 200 day simple moving average is $4.54. Natuzzi has a 12-month low of $3.80 and a 12-month high of $6.43.
Institutional Trading of Natuzzi
A hedge fund recently raised its stake in Natuzzi stock. Benjamin Edwards Inc. raised its position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 4.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 131,050 shares of the company’s stock after acquiring an additional 5,988 shares during the period. Benjamin Edwards Inc. owned approximately 1.19% of Natuzzi worth $629,000 as of its most recent filing with the SEC. 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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