Buzzi (OTCMKTS:BZZUF) Sees Unusually-High Trading Volume – Still a Buy?

Buzzi SpA (OTCMKTS:BZZUFGet Free Report) saw an uptick in trading volume on Thursday . Approximately 3,585 shares were traded during mid-day trading, an increase of 131% from the previous session’s volume of 1,550 shares.The stock last traded at $53.00 and had previously closed at $49.4420.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Buzzi to a “hold” rating in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

View Our Latest Stock Analysis on BZZUF

Buzzi Price Performance

The company has a fifty day simple moving average of $52.55 and a two-hundred day simple moving average of $55.61.

About Buzzi

(Get Free Report)

Buzzi Unicem S.p.A. is an Italian multinational company specializing in the production and distribution of cement, ready-mix concrete and aggregates. With its headquarters in Casale Monferrato, Piedmont, the company serves construction and infrastructure markets by supplying key building materials used in residential, commercial and civil engineering projects. Buzzi Unicem operates modern manufacturing facilities designed to optimize production efficiency while adhering to environmental and safety standards.

Established in the early 20th century as a family-run cement producer, Buzzi Unicem has grown through organic expansion and strategic acquisitions.

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