Research analysts at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.
Natuzzi Stock Performance
Shares of NTZ opened at $4.32 on Thursday. The company has a 50-day moving average price of $4.79 and a two-hundred day moving average price of $4.56. Natuzzi has a 12 month low of $3.80 and a 12 month high of $6.43.
Hedge Funds 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) in the 3rd 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 SEC filing. Hedge funds and other institutional investors own 6.07% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Natuzzi
- What Are Dividend Champions? How to Invest in the Champions
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- Trading Stocks: RSI and Why it’s Useful
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- What is a Low P/E Ratio and What Does it Tell Investors?
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Receive News & Ratings for Natuzzi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natuzzi and related companies with MarketBeat.com's FREE daily email newsletter.
