Shares of Natuzzi stock opened at $12.03 on Wednesday. The stock has a market capitalization of $131.98 million, a price-to-earnings ratio of 35.38 and a beta of 1.81. Natuzzi has a 1-year low of $9.32 and a 1-year high of $23.11. The firm’s 50-day moving average price is $11.76 and its two-hundred day moving average price is $13.87.
Several institutional investors and hedge funds have recently added to or reduced their stakes in NTZ. Wells Fargo & Company MN bought a new position in Natuzzi in the second quarter valued at approximately $96,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Natuzzi in the third quarter worth $163,000. Apis Capital Advisors LLC acquired a new stake in Natuzzi in the third quarter worth $195,000. Finally, Morgan Stanley raised its holdings in Natuzzi by 1.4% in the third quarter. Morgan Stanley now owns 177,675 shares of the company’s stock worth $2,891,000 after purchasing an additional 2,461 shares during the period. 16.06% of the stock is currently owned by institutional investors and hedge funds.
Natuzzi S.p.A. designs, manufactures, and markets leather and fabric upholstered furniture through its own and franchised stores worldwide. The company operates through two segments, Natuzzi Brand and Private Label. Its products primarily include stationary furniture, such as sofas, loveseats, and armchairs; sectional furniture; motion furniture; sofa beds; occasional chairs, including recliners and massage chairs; and home furnishing accessories, including coffee tables, lamps, rugs, home accessories, and wall units.
- Get a free copy of the StockNews.com research report on Natuzzi (NTZ)
- The Sherwin-Williams Company Bottoms Above Institutional Support
- Simpson Manufacturing Co. Hits The Nail On The Head, Again
- What To Make Of Activision Blizzard (NASDAQ: ATVI)
- Whirlpool Is A Steal At These Prices
- Kimberly-Clark Pops On Successful Price Pass-Through
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.