Poste Italiane (OTCMKTS:PITAF) Trading Down 2.5% – Here’s Why
by Tristan Rich · The Markets DailyPoste Italiane S.p.A. (OTCMKTS:PITAF – Get Free Report) shares were down 2.5% during mid-day trading on Friday . The stock traded as low as $13.75 and last traded at $13.75. Approximately 8 shares were traded during trading, a decline of 99% from the average daily volume of 675 shares. The stock had previously closed at $14.11.
Poste Italiane Stock Performance
The business has a fifty day moving average of $13.88 and a 200 day moving average of $13.62.
About Poste Italiane
Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy. It operates in four segments: Mail, Parcels and Distribution; PostePay Services; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment offers mail, parcel, and logistics management services, as well as engages in the activities of the distribution network.
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