Buzzi (OTCMKTS:BZZUF) Shares Gap Up – Still a Buy?

Buzzi SpA (OTCMKTS:BZZUFGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $50.00, but opened at $52.5525. Buzzi shares last traded at $51.8050, with a volume of 926 shares trading hands.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on BZZUF

Buzzi Stock Up 4.8%

The business’s 50 day simple moving average is $52.59 and its 200 day simple moving average is $55.67.

About Buzzi

(Get Free Report)

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.

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