Buzzi (OTCMKTS:BZZUF) Shares Up 13.1% – Here’s What Happened

by · The Markets Daily

Buzzi SpA (OTCMKTS:BZZUF – Get Free Report) was up 13.1% during mid-day trading on Tuesday. The stock traded as high as $49.85 and last traded at $49.85. Approximately 265 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 1,853 shares. The stock had previously closed at $44.09.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Buzzi from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, Buzzi currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Buzzi

Buzzi Trading Up 1.5%

The stock’s fifty day moving average is $45.41 and its 200-day moving average is $50.89.

Buzzi Company Profile

(Get Free Report)

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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