Shares of Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF – Get Free Report) dropped 3.2% on Thursday . The stock traded as low as $7.3598 and last traded at $7.3598. Approximately 10,557 shares changed hands during mid-day trading, an increase of 1,020% from the average session volume of 943 shares. The stock had previously closed at $7.60.
Infrastrutture Wireless Italiane Stock Down 3.2%
The firm’s 50 day moving average is $8.15 and its 200 day moving average is $8.77.
About Infrastrutture Wireless Italiane
Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.
The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.
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