Analysts at StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a report issued on Saturday. The brokerage set a “hold” rating on the stock.
Natuzzi Trading Up 0.5 %
Shares of NTZ stock opened at $4.12 on Friday. Natuzzi has a 52-week low of $3.80 and a 52-week high of $7.20. The business’s fifty day moving average is $4.20 and its 200 day moving average is $4.75.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently raised its stake in Natuzzi stock. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Natuzzi S.p.A. (NYSE:NTZ – Free Report) by 2.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 121,262 shares of the company’s stock after acquiring an additional 2,450 shares during the period. Benjamin F. Edwards & Company Inc. owned approximately 1.10% of Natuzzi worth $594,000 as of its most recent SEC filing. 6.07% of the stock is 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, 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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