StockNews.com initiated coverage on shares of Natuzzi (NYSE:NTZ - Free Report) in a report published on Sunday. The firm issued a hold rating on the stock.
Natuzzi Stock Up 2.2 %
NTZ traded up $0.10 during midday trading on Friday, reaching $4.75. The company had a trading volume of 23,309 shares, compared to its average volume of 13,205. Natuzzi has a 12-month low of $3.80 and a 12-month high of $6.77. The business has a 50-day moving average price of $4.44 and a two-hundred day moving average price of $4.40.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Benjamin Edwards Inc. bought a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 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. Institutional investors and hedge funds own 6.07% of the company's stock.
Natuzzi Company Profile
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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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