Shares of Buzzi Unicem S.p.A. (OTCMKTS:BZZFF) were up 7.7% on Wednesday . The stock traded as high as $14.00 and last traded at $14.00. Approximately 116 shares traded hands during trading, a decline of 48% from the average daily volume of 224 shares. The stock had previously closed at $13.00.
Separately, UBS Group reissued a “buy” rating on shares of Buzzi Unicem in a research report on Wednesday, July 22nd.
The stock’s 50-day moving average is $13.62 and its 200-day moving average is $11.68.
Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates. It offers construction hydraulic binders for making plasters and masonry works on site. The company has operations in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Russia, Mexico, and Brazil.
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