Investment analysts at StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ - Get Free Report) in a note issued to investors on Monday. The brokerage set a "hold" rating on the stock.
Natuzzi Stock Up 0.2 %
NTZ stock traded up $0.01 during midday trading on Monday, hitting $4.58. The company's stock had a trading volume of 3,094 shares, compared to its average volume of 6,472. Natuzzi has a 1 year low of $3.80 and a 1 year high of $6.49. The stock's 50-day moving average price is $4.82 and its 200 day moving average price is $4.49.
Institutional Trading of Natuzzi
An institutional investor recently bought a new position in Natuzzi stock. Benjamin Edwards Inc. purchased a new position in shares of Natuzzi S.p.A. (NYSE:NTZ - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. 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. 6.07% of the stock is owned by institutional investors and hedge funds.
About Natuzzi
(
Get Free Report)
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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