Buzzi (OTCMKTS:BZZUF) Stock Jumps 13.1% – Here’s Why

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

Analyst Upgrades and Downgrades

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

Get Our Latest Research Report on BZZUF

Buzzi Price Performance

The stock’s fifty day simple moving average is $45.47 and its 200-day simple moving average is $50.80.

About Buzzi

(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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