Transurban Group (OTCMKTS:TRAUF) Stock Jumps 5.6% – Still a Buy?

Transurban Group (OTCMKTS:TRAUF – Get Free Report)’s share price shot up 5.6% during trading on Tuesday. The stock traded as high as $9.4450 and last traded at $9.4450. Approximately 207 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 2,101 shares. The stock had previously closed at $8.9480.

Transurban Group Price Performance

The business has a 50 day simple moving average of $9.86 and a two-hundred day simple moving average of $10.11.

Transurban Group Company Profile

(Get Free Report)

Transurban Group is an Australia-based toll-road developer, owner and operator. The company partners with governments to finance, design, construct and manage major urban transport infrastructure, typically under long-term concession agreements. Its activities include toll collection, road operations, maintenance, customer service and technology-enabled traffic management.

Transurban’s network serves metropolitan areas in Australia, North America and Canada. Its Australian operations include toll roads in Sydney, Melbourne and Brisbane, while its North American portfolio includes assets in the Greater Washington, DC, area and Montreal.

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