Buzzi (OTCMKTS:BZZUY) Stock Price Passes Above Fifty Day Moving Average – Here’s What Happened

by · The Markets Daily

Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $28.59 and traded as high as $30.00. Buzzi shares last traded at $29.9490, with a volume of 15,270 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. The Goldman Sachs Group initiated coverage on Buzzi in a report on Thursday, September 4th. They set a “neutral” rating for the company. UBS Group lowered shares of Buzzi to a “neutral” rating in a research note on Tuesday, October 14th. Finally, Morgan Stanley raised shares of Buzzi from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Analysis on BZZUY

Buzzi Stock Down 0.7%

The business has a fifty day moving average price of $28.59 and a two-hundred day moving average price of $27.20.

Buzzi Company Profile

(Get Free Report)

Buzzi S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations primarily in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Mexico, and Brazil. Buzzi S.p.A.

Featured Stories