Buzzi (OTCMKTS:BZZUF) Sets New 12-Month Low – Time to Sell?

Buzzi SpA (OTCMKTS:BZZUFGet Free Report)’s stock price hit a new 52-week low on Friday . The stock traded as low as $44.9059 and last traded at $44.9059, with a volume of 163 shares traded. The stock had previously closed at $48.00.

Analysts Set New Price Targets

Separately, Zacks Research lowered Buzzi from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on BZZUF

Buzzi Trading Down 6.4%

The firm’s 50-day moving average price is $48.70 and its two-hundred day moving average price is $51.68.

About Buzzi

(Get Free Report)

Buzzi S.p.A. is an Italian multinational building-materials company that produces and sells cement, ready-mix concrete and related construction products. The company serves residential, commercial and infrastructure construction markets through a network of cement plants, terminals and concrete operations.

Founded in 1907, Buzzi is headquartered in Casale Monferrato, Italy, and remains controlled by the Buzzi family. The company operates primarily in Europe and North America, with activities in countries including Italy, Germany, Luxembourg, Poland, the Czech Republic, Slovakia, Ukraine, the United States and Mexico.

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