Shares of Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF – Get Free Report) were up 1.1% on Friday. The company traded as high as $8.20 and last traded at $8.20. 500 shares were traded during trading, a decline of 29% from the average session volume of 707 shares. The stock had previously closed at $8.11.
Wall Street Analyst Weigh In
Separately, Barclays upgraded shares of Infrastrutture Wireless Italiane to an “overweight” rating in a research report on Monday, August 24th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Report on IFSUF
Infrastrutture Wireless Italiane Price Performance
The firm’s fifty day moving average price is $7.48 and its 200-day moving average price is $7.67.
About Infrastrutture Wireless Italiane
Infrastrutture Wireless Italiane S.p.A., commonly known as INWIT, is an Italian telecommunications infrastructure company that develops, owns and operates passive wireless infrastructure. Its assets support mobile network operators and other communications providers by enabling the transmission of voice, data and broadband services without directly providing retail telecommunications services to consumers.
The company’s portfolio includes macro towers, rooftop sites, small cells, distributed antenna systems and other infrastructure used to improve wireless coverage and network capacity.
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