Azimut (OTCMKTS:AZIHF) Trading 9% Higher – What’s Next?

Azimut Holding S.p.A. (OTCMKTS:AZIHFGet Free Report) shot up 9% on Monday . The company traded as high as $43.71 and last traded at $43.71. 257 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,165 shares. The stock had previously closed at $40.1175.

Azimut Trading Up 9.0%

The stock has a 50-day moving average of $40.91 and a 200 day moving average of $37.04.

Azimut Company Profile

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Azimut Holding S.p.A., traded over the counter under the ticker AZIHF, is an Italy-based independent asset management and financial advisory group. Founded in 1989 and headquartered in Milan, the company specializes in providing wealth management and investment solutions to private clients, institutional investors and intermediaries. Over its history, Azimut has positioned itself as a network-driven firm that offers a wide array of products and services through both proprietary platforms and third-party partnerships.

The company’s core offerings include mutual funds, discretionary portfolio management and advisory services, covering equities, fixed income, balanced and multi-asset strategies.

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