StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report issued on Monday morning. The firm issued a hold rating on the stock.
Natuzzi Trading Down 0.2 %
Shares of NYSE NTZ opened at $4.78 on Monday. The business’s 50 day moving average price is $4.51 and its 200-day moving average price is $4.39. Natuzzi has a fifty-two week low of $3.80 and a fifty-two week high of $6.50.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned 1.13% of Natuzzi as of its most recent filing with the Securities and Exchange Commission (SEC). 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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