Transurban Group (OTCMKTS:TRAUF – Get Free Report)’s stock price dropped 9.5% on Tuesday . The company traded as low as $9.86 and last traded at $9.86. Approximately 1,699 shares traded hands during trading, a decline of 36% from the average daily volume of 2,674 shares. The stock had previously closed at $10.90.
Transurban Group Stock Performance
The stock’s 50 day moving average is $10.12 and its two-hundred day moving average is $9.89.
About Transurban Group
Transurban Group is an Australian-based toll road developer and operator specializing in the financing, development, management and maintenance of urban tolling infrastructure. Headquartered in Melbourne, the company leverages public–private partnership models to design and deliver highway networks that aim to improve traffic flow, reduce congestion and enhance safety across metropolitan regions.
Since its establishment in the mid-1990s and subsequent listing on the Australian Securities Exchange, Transurban has grown from its original CityLink project in Melbourne to a diversified portfolio of assets.
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