Equities research analysts at StockNews.com began coverage on shares of Natuzzi (NYSE:NTZ – Get Free Report) in a research report issued on Tuesday. The firm set a “hold” rating on the stock.
Natuzzi Price Performance
NTZ stock opened at $6.06 on Tuesday. Natuzzi has a twelve month low of $4.76 and a twelve month high of $7.60. The firm has a 50 day simple moving average of $6.23 and a 200-day simple moving average of $6.40.
Hedge Funds Weigh In On Natuzzi
A hedge fund recently bought a new stake in Natuzzi stock. Titleist Asset Management LLC acquired a new position in Natuzzi S.p.A. (NYSE:NTZ – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,107 shares of the company’s stock, valued at approximately $75,000. 6.07% of the stock is owned by institutional investors and hedge funds.
About Natuzzi
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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