Natuzzi (NYSE:NTZ) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Natuzzi (NYSE:NTZ) in a research report sent to investors on Tuesday morning. The firm issued a hold rating on the stock.

Natuzzi Price Performance

Shares of Natuzzi stock opened at $6.25 on Tuesday. The company’s fifty day moving average price is $6.22 and its two-hundred day moving average price is $6.39. Natuzzi has a 52-week low of $4.76 and a 52-week high of $7.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Natuzzi stock. Titleist Asset Management LLC bought a new stake in shares of Natuzzi S.p.A. (NYSE:NTZ) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,107 shares of the company’s stock, valued at approximately $75,000. Hedge funds and other institutional investors own 6.07% of the company’s stock.

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.