Snam (OTCMKTS:SNMRF) Trading Up 0.5% – Here’s What Happened

Shares of Snam S.p.A. (OTCMKTS:SNMRFGet Free Report) rose 0.5% during trading on Thursday . The company traded as high as $5.97 and last traded at $5.97. Approximately 307 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 12,920 shares. The stock had previously closed at $5.94.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada cut shares of Snam from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 23rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Snam presently has an average rating of “Reduce”.

Read Our Latest Stock Analysis on SNMRF

Snam Stock Performance

The business’s fifty day moving average price is $5.98 and its 200-day moving average price is $5.77.

About Snam

(Get Free Report)

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. The company operates through Transportation, Storage, Regasification, Energy Transition, and other segments. It provides natural gas transportation and dispatching services; and owns and manages liquified natural gas (LNG) regasification plants.

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