Transurban Group (OTCMKTS:TRAUF) Stock Price Down 2.6% – Should You Sell?

by · The Cerbat Gem

Transurban Group (OTCMKTS:TRAUF – Get Free Report) was down 2.6% during mid-day trading on Wednesday . The company traded as low as $9.1860 and last traded at $9.1860. Approximately 142 shares changed hands during trading, a decline of 92% from the average daily volume of 1,827 shares. The stock had previously closed at $9.4340.

Transurban Group Price Performance

The stock’s fifty day moving average is $9.76 and its two-hundred day moving average is $9.48.

About Transurban Group

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Transurban Group is an Australian-based toll road developer and operator specializing in the financing, development, management and maintenance of urban tolling infrastructure. Headquartered in Melbourne, the company leverages public–private partnership models to design and deliver highway networks that aim to improve traffic flow, reduce congestion and enhance safety across metropolitan regions.

Since its establishment in the mid-1990s and subsequent listing on the Australian Securities Exchange, Transurban has grown from its original CityLink project in Melbourne to a diversified portfolio of assets.

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