Buzzi (OTCMKTS:BZZUY) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Buzzi S.p.A. (OTCMKTS:BZZUY)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $26.58 and traded as low as $25.31. Buzzi shares last traded at $25.31, with a volume of 935 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “neutral” rating on shares of Buzzi in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Buzzi presently has an average rating of “Hold”.

Buzzi Price Performance

The stock’s fifty day moving average is $26.58 and its two-hundred day moving average is $27.75.

Buzzi Company Profile

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.