Equities researchers at StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report released on Saturday. The brokerage set a “hold” rating on the stock.
Natuzzi Trading Down 3.1 %
Shares of NYSE:NTZ opened at $4.44 on Friday. Natuzzi has a one year low of $3.80 and a one year high of $7.12. The business’s 50-day simple moving average is $4.39 and its 200 day simple moving average is $4.42.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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 reporting period. Institutional investors 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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