Equities researchers at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the stock.
Natuzzi Stock Up 2.2 %
Shares of NTZ opened at $6.08 on Tuesday. The firm’s 50 day moving average is $6.25 and its 200-day moving average is $6.41. Natuzzi has a 12 month low of $4.76 and a 12 month high of $7.60.
Institutional Trading of Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Titleist Asset Management LLC bought a new position in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 14,107 shares of the company’s stock, valued at approximately $75,000. 6.07% of the stock is currently owned by 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, Canada, other Americas, West and South Europe, Italy, the Middle East, Africa, India, the Asia-Pacific, the United Kingdom, and internationally.
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