Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) Stock Price Up 15.3% – Should You Buy?

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUFGet Free Report)’s share price rose 15.3% during mid-day trading on Tuesday . The stock traded as high as $10.7962 and last traded at $10.7962. Approximately 128 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 291 shares. The stock had previously closed at $9.36.

Wall Street Analysts Forecast Growth

Separately, New Street Research raised shares of Infrastrutture Wireless Italiane to a “buy” rating in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.

View Our Latest Analysis on IFSUF

Infrastrutture Wireless Italiane Stock Up 15.3%

The company has a fifty day moving average price of $9.06 and a two-hundred day moving average price of $10.44.

Infrastrutture Wireless Italiane Company Profile

(Get Free Report)

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.

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