StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ - Free Report) in a research note released on Monday. The firm issued a hold rating on the stock.
Natuzzi Stock Performance
Shares of Natuzzi stock traded up $0.01 on Monday, hitting $4.55. 298 shares of the company's stock traded hands, compared to its average volume of 9,728. Natuzzi has a 52-week low of $3.80 and a 52-week high of $6.50. The firm's 50-day moving average is $4.49 and its 200 day moving average is $4.39.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently bought a new stake 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 filing with the Securities and Exchange Commission. The fund purchased 125,062 shares of the company's stock, valued at approximately $544,000. Benjamin Edwards Inc. owned about 1.13% of Natuzzi at the end of the most recent reporting period. 6.07% of the stock is owned by institutional investors.
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.
Featured Stories
Before you consider Natuzzi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Natuzzi wasn't on the list.
While Natuzzi currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
