Buzzi (OTCMKTS:BZZUY) Shares Cross Below Fifty Day Moving Average – Here’s Why

Buzzi S.p.A. (OTCMKTS:BZZUYGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $26.58 and traded as low as $25.31. Buzzi shares last traded at $25.31, with a volume of 935 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “neutral” rating on shares of Buzzi in a report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Stock Report on Buzzi

Buzzi Price Performance

The stock’s 50-day simple moving average is $26.58 and its 200-day simple moving average is $27.75.

About Buzzi

(Get Free Report)

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.

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