Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) Stock Price Down 4.5% – Should You Sell?

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF)’s share price dropped 4.5% on Monday . The stock traded as low as $8.8262 and last traded at $8.8262. Approximately 475 shares traded hands during trading, an increase of 12% from the average daily volume of 425 shares. The stock had previously closed at $9.2375.

Analyst Ratings Changes

Separately, New Street Research raised Infrastrutture Wireless Italiane to a “buy” rating in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Infrastrutture Wireless Italiane Stock Down 4.5%

The company has a fifty day simple moving average of $9.02 and a two-hundred day simple moving average of $10.81.

About Infrastrutture Wireless Italiane

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.