Cellnex Telecom (OTCMKTS:CLNXF) Stock Price Up 1.5%

Cellnex Telecom, S.A. (OTCMKTS:CLNXF)’s stock price shot up 1.5% during mid-day trading on Wednesday . The company traded as high as $63.90 and last traded at $63.90. 322 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 3,217 shares. The stock had previously closed at $62.95.

The stock has a 50-day simple moving average of $62.07.

Cellnex Telecom Company Profile (OTCMKTS:CLNXF)

Cellnex Telecom, SA operates infrastructure for wireless telecommunication in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, and Ireland. The company operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services. It offers co-location services in its infrastructure allowing mobile carriers to install their telecommunications and wireless radio broadcast equipment; and multi-operator telephony network solutions for open and closed environments through distributed antenna systems and small cells technologies.

Read More: Initial Public Offering (IPO)

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