Buzzi (OTCMKTS:BZZUF) Sets New 1-Year Low – What’s Next?

Buzzi SpA (OTCMKTS:BZZUFGet Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as $44.9059 and last traded at $44.9059, with a volume of 163 shares. The stock had previously closed at $48.00.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Buzzi from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Buzzi has a consensus rating of “Sell”.

View Our Latest Stock Analysis on BZZUF

Buzzi Stock Performance

The firm’s 50 day moving average price is $48.87 and its 200-day moving average price is $51.73.

About Buzzi

(Get Free Report)

Buzzi S.p.A. is an Italian multinational building-materials company that produces and sells cement, ready-mix concrete and related construction products. The company serves residential, commercial and infrastructure construction markets through a network of cement plants, terminals and concrete operations.

Founded in 1907, Buzzi is headquartered in Casale Monferrato, Italy, and remains controlled by the Buzzi family. The company operates primarily in Europe and North America, with activities in countries including Italy, Germany, Luxembourg, Poland, the Czech Republic, Slovakia, Ukraine, the United States and Mexico.

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