Stock analysts at StockNews.com assumed coverage on shares of Natuzzi (NYSE:NTZ - Get Free Report) in a research report issued on Thursday. The firm set a "hold" rating on the stock.
Natuzzi Trading Up 9.3 %
Shares of NYSE:NTZ traded up $0.36 during midday trading on Thursday, reaching $4.22. 77,584 shares of the company were exchanged, compared to its average volume of 6,984. Natuzzi has a fifty-two week low of $3.80 and a fifty-two week high of $6.43. The stock has a fifty day simple moving average of $4.79 and a two-hundred day simple moving average of $4.56.
Institutional Inflows and Outflows
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 its most recent disclosure with the Securities and Exchange Commission. The firm purchased 125,062 shares of the company's stock, valued at approximately $544,000. Benjamin Edwards Inc. owned approximately 1.13% of Natuzzi as of its most recent SEC filing. 6.07% of the stock is currently 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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