Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 400 shares, a decline of 20.0% from the October 31st total of 500 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 0.2 days.
Buzzi Stock Performance
Shares of BZZUY remained flat at $20.98 on Friday. 85 shares of the company were exchanged, compared to its average volume of 2,435. The company’s 50-day moving average price is $20.24 and its 200 day moving average price is $20.03. Buzzi has a one year low of $14.01 and a one year high of $22.25.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Buzzi in a research report on Wednesday, October 2nd. They set a “buy” rating on the stock.
About Buzzi
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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