Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) Trading Up 8.9% – Still a Buy?

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUFGet Free Report) traded up 8.9% on Thursday . The company traded as high as $7.68 and last traded at $7.68. Approximately 100 shares were traded during mid-day trading, a decline of 87% from the average session volume of 744 shares. The stock had previously closed at $7.0495.

Analyst Ratings Changes

Several analysts have commented on IFSUF shares. Barclays raised Infrastrutture Wireless Italiane to an “overweight” rating in a report on Monday, August 24th. The Goldman Sachs Group lowered Infrastrutture Wireless Italiane to a “neutral” rating in a research report on Friday, June 26th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on Infrastrutture Wireless Italiane

Infrastrutture Wireless Italiane Trading Up 8.9%

The company has a 50 day simple moving average of $7.26 and a 200 day simple moving average of $7.98.

Infrastrutture Wireless Italiane Company Profile

(Get Free Report)

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.

Further Reading

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