StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research note published on Tuesday morning. The brokerage issued a hold rating on the stock.
Natuzzi Price Performance
Shares of NYSE NTZ opened at $4.33 on Tuesday. Natuzzi has a 1 year low of $3.82 and a 1 year high of $7.20. The firm has a fifty day moving average price of $4.28 and a 200-day moving average price of $5.05.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. lifted its stake in Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 121,262 shares of the company’s stock after buying an additional 2,450 shares during the quarter. Benjamin F. Edwards & Company Inc. owned approximately 1.10% of Natuzzi worth $594,000 at the end of the most recent reporting period. 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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