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 Up 1.4 %
Shares of NYSE NTZ opened at $4.64 on Monday. Natuzzi has a twelve month low of $3.80 and a twelve month high of $6.49. The business has a 50 day simple moving average of $4.82 and a 200-day simple moving average of $4.49.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Natuzzi stock. Benjamin Edwards Inc. boosted its stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 4.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,050 shares of the company’s stock after purchasing an additional 5,988 shares during the quarter. Benjamin Edwards Inc. owned approximately 1.19% of Natuzzi worth $629,000 at the end of the most recent reporting period. 6.07% of the stock is owned by hedge funds and other institutional investors.
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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