Buzzi (OTCMKTS:BZZUY) Shares Pass Above Fifty Day Moving Average – What’s Next?

Buzzi S.p.A. (OTCMKTS:BZZUYGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $28.59 and traded as high as $30.00. Buzzi shares last traded at $29.9490, with a volume of 15,270 shares trading hands.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group lowered Buzzi to a “neutral” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group assumed coverage on Buzzi in a research note on Thursday, September 4th. They issued a “neutral” rating for the company. Finally, Morgan Stanley raised shares of Buzzi from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 2nd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Buzzi has an average rating of “Hold”.

Get Our Latest Stock Report on BZZUY

Buzzi Stock Down 0.7%

The stock has a 50 day moving average of $28.59 and a two-hundred day moving average of $27.20.

Buzzi Company Profile

(Get Free Report)

Buzzi S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations primarily in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Mexico, and Brazil. Buzzi S.p.A.

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