StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a research report released on Monday morning. The brokerage issued a hold rating on the stock.
Natuzzi Stock Up 8.7 %
NYSE:NTZ opened at $4.35 on Monday. Natuzzi has a 1 year low of $3.80 and a 1 year high of $7.20. The business has a 50 day simple moving average of $4.21 and a 200-day simple moving average of $4.58.
Institutional Investors Weigh In On Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 125,062 shares of the company’s stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi as of its most recent filing with the Securities and Exchange Commission. 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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