Shares of Piaggio & C. SpA (OTCMKTS:PIAGF – Get Free Report) traded down 4.4% during trading on Friday. The stock traded as low as C$2.15 and last traded at C$2.15. Approximately 300 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 6,351 shares. The stock had previously closed at C$2.25.
Piaggio & C. Stock Down 4.4%
The business’s 50 day moving average price is C$2.26 and its 200-day moving average price is C$2.06.
About Piaggio & C.
Piaggio & C. S.p.A. is an Italian manufacturer of scooters, motorcycles and light commercial vehicles. The company’s principal brands include Piaggio, Vespa, Aprilia, Moto Guzzi and Derbi, serving customers across urban mobility, recreational riding and premium motorcycle markets.
Piaggio’s product portfolio includes scooters and motorcycles in a range of engine sizes, as well as three-wheeled vehicles and commercial models such as the Ape and Porter. The company also develops connected mobility technologies and related services designed to support personal transportation and commercial applications.
Founded in 1884 by Rinaldo Piaggio, the company initially operated in the shipbuilding and aircraft industries before expanding into motor vehicles after World War II.
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