StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ – Free Report) in a report issued on Sunday. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
Shares of NTZ stock opened at $4.05 on Friday. Natuzzi has a 12 month low of $3.80 and a 12 month high of $7.20. The firm’s 50 day moving average is $4.20 and its 200 day moving average is $4.63.
Institutional Trading of Natuzzi
An institutional investor recently raised its position in Natuzzi stock. Benjamin F. Edwards & Company Inc. grew its stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 121,262 shares of the company’s stock after buying an additional 2,450 shares during the quarter. Benjamin F. Edwards & Company Inc. owned 1.10% of Natuzzi worth $594,000 at the end of the most recent quarter. 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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