Buzzi S.p.A. (OTCMKTS:BZZUY – Get Free Report) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 58 shares, a decline of 97.5% from the August 31st total of 2,284 shares. Based on an average trading volume of 11,769 shares, the days-to-cover ratio is presently 0.0 days.
Buzzi Stock Up 0.1%
BZZUY stock traded up $0.03 during trading on Thursday, reaching $21.17. 1,850 shares of the stock were exchanged, compared to its average volume of 2,089. The firm’s 50 day moving average is $23.53 and its 200 day moving average is $25.52. Buzzi has a twelve month low of $21.14 and a twelve month high of $32.22.
Wall Street Analyst Weigh In
BZZUY has been the topic of a number of research reports. UBS Group downgraded shares of Buzzi from a “neutral” rating to a “sell” rating in a research report on Tuesday. Jefferies Financial Group began coverage on shares of Buzzi in a report on Monday, July 13th. They issued a “hold” rating for the company. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Buzzi currently has a consensus rating of “Reduce”.
About Buzzi
Buzzi S.p.A. is an Italian multinational manufacturer of cement and ready-mix concrete. The company supplies construction materials for residential, commercial, infrastructure and industrial projects, with operations spanning the production, distribution and sale of cement and related products.
Founded in 1907, Buzzi has developed from an Italian cement producer into an international building-materials group. Its portfolio includes ordinary and specialty cements, as well as ready-mix concrete, serving contractors, distributors, concrete producers and other customers in the construction industry.
Headquartered in Casale Monferrato, Italy, Buzzi operates primarily in Europe and the United States, with a presence in markets including Italy, Germany, Luxembourg, Poland, the Czech Republic, Slovakia and the United States.
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