Buzzi (OTCMKTS:BZZUY) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Buzzi S.p.A. (OTCMKTS:BZZUYGet Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $29.19 and traded as high as $30.4150. Buzzi shares last traded at $30.4150, with a volume of 476 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BZZUY shares. Morgan Stanley upgraded shares of Buzzi from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 2nd. The Goldman Sachs Group initiated coverage on Buzzi in a research note on Thursday, September 4th. They issued a “neutral” rating for the company. Finally, UBS Group lowered Buzzi to a “neutral” rating in a report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Get Our Latest Research Report on BZZUY

Buzzi Stock Performance

The company has a 50 day moving average price of $29.19 and a 200 day moving average price of $27.51.

Buzzi Company Profile

(Get Free Report)

Buzzi S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations primarily in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Mexico, and Brazil. Buzzi S.p.A.

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