StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report report published on Wednesday. The brokerage issued a hold rating on the stock.
Natuzzi Trading Up 2.3 %
NTZ stock opened at $5.07 on Wednesday. Natuzzi has a 52 week low of $3.80 and a 52 week high of $7.20. The company has a fifty day simple moving average of $4.30 and a two-hundred day simple moving average of $4.51.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position 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 the company in its most recent 13F filing with the 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 SEC. 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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