Cellnex Telecom, S.A. (OTCMKTS:CLNXF – Get Free Report)’s share price rose 4.8% on Monday . The stock traded as high as $30.7550 and last traded at $30.7550. Approximately 297 shares traded hands during trading, a decline of 76% from the average daily volume of 1,263 shares. The stock had previously closed at $29.34.
Cellnex Telecom Trading Up 4.8%
The company’s 50-day moving average price is $30.86 and its 200 day moving average price is $33.51.
About Cellnex Telecom
Cellnex Telecom is a leading independent operator of wireless telecommunications infrastructure in Europe. Headquartered in Madrid, the company specializes in the development, management and leasing of passive and active network assets for mobile network operators, broadcasters, public safety agencies and enterprise clients. Its core offerings include traditional tower sites, rooftop installations and in-building distributed antenna systems (DAS), alongside newer solutions such as small cells, fiber connectivity and edge computing nodes.
Founded in 2015 as a spin-off from Abertis Infraestructuras, Cellnex has grown rapidly through a combination of organic roll-outs and strategic acquisitions.
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