StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report sent to investors on Friday. The firm issued a hold rating on the stock.
Natuzzi Price Performance
Shares of NYSE NTZ opened at $4.10 on Friday. Natuzzi has a fifty-two week low of $3.80 and a fifty-two week high of $7.12. The business has a 50-day simple moving average of $4.34 and a two-hundred day simple moving average of $4.46.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. acquired a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period. 6.07% of the stock is owned by institutional investors.
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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