Buzzi (OTCMKTS:BZZUF) Sets New 12-Month Low – Here’s Why

Shares of Buzzi SpA (OTCMKTS:BZZUF) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $49.50 and last traded at $49.50, with a volume of 300 shares traded. The stock had previously closed at $50.50.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Buzzi to a “hold” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Buzzi Price Performance

The firm’s 50-day moving average is $53.50 and its two-hundred day moving average is $56.41.

About Buzzi

Buzzi Unicem S.p.A. is an Italian multinational company specializing in the production and distribution of cement, ready-mix concrete and aggregates. With its headquarters in Casale Monferrato, Piedmont, the company serves construction and infrastructure markets by supplying key building materials used in residential, commercial and civil engineering projects. Buzzi Unicem operates modern manufacturing facilities designed to optimize production efficiency while adhering to environmental and safety standards.

Established in the early 20th century as a family-run cement producer, Buzzi Unicem has grown through organic expansion and strategic acquisitions.