StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ - Free Report) in a report issued on Tuesday morning. The brokerage issued a hold rating on the stock.
Natuzzi Stock Up 0.5 %
NYSE NTZ traded up $0.03 during midday trading on Tuesday, hitting $6.11. 436 shares of the company traded hands, compared to its average volume of 2,717. Natuzzi has a 52 week low of $4.76 and a 52 week high of $7.60. The company's 50-day simple moving average is $6.24 and its 200-day simple moving average is $6.40.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Natuzzi stock. Cambridge Investment Research Advisors Inc. increased its position in shares of Natuzzi S.p.A. (NYSE:NTZ - Free Report) by 11.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,577 shares of the company's stock after buying an additional 1,577 shares during the period. Cambridge Investment Research Advisors Inc. owned 0.14% of Natuzzi worth $171,000 as of its most recent filing with the SEC. 6.07% of the stock is owned by institutional investors.
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, Canada, other Americas, West and South Europe, Italy, the Middle East, Africa, India, the Asia-Pacific, the United Kingdom, and internationally.
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