Shares of Buzzi SpA (OTCMKTS:BZZUF – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $45.00, but opened at $49.00. Buzzi shares last traded at $49.00, with a volume of 2,500 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Buzzi from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold”.
Check Out Our Latest Analysis on BZZUF
Buzzi Stock Performance
The company’s 50-day moving average price is $45.39 and its two-hundred day moving average price is $50.93.
About Buzzi
Buzzi S.p.A. is an Italian building-materials company focused on producing and selling cement, ready-mix concrete and natural aggregates. Its products are used in residential, commercial and infrastructure construction.
The company’s roots date to 1907, when its founders began cement production in northern Italy. It has since expanded internationally and serves markets in Europe and North America through a network of production facilities and distribution operations.
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