Research analysts at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research note issued to investors on Friday. The firm set a “hold” rating on the stock.
Natuzzi Stock Down 4.0 %
Shares of NTZ stock opened at $4.80 on Friday. Natuzzi has a 1 year low of $3.80 and a 1 year high of $6.49. The firm’s fifty day simple moving average is $4.71 and its 200 day simple moving average is $4.43.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. purchased a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 SEC filing. 6.07% of the stock is currently owned by hedge funds and other 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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