Shares of Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $13.98 and last traded at $14.0444, with a volume of 123443 shares changing hands. The stock had previously closed at $14.30.
Cellnex Telecom Stock Performance
The firm has a 50-day moving average price of $15.96 and a 200-day moving average price of $16.30.
About Cellnex Telecom
Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.
Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.
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