Shares of Transurban Group (OTCMKTS:TRAUF – Get Free Report) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $10.03 and traded as high as $10.0350. Transurban Group shares last traded at $10.0350, with a volume of 1,223 shares changing hands.
Transurban Group Stock Up 4.2%
The firm’s fifty day simple moving average is $9.75 and its 200 day simple moving average is $10.03.
Transurban Group Company Profile
Transurban Group is a toll-road operator and infrastructure manager headquartered in Australia. The company develops, finances, operates and maintains urban toll-road networks under long-term concession arrangements, helping connect major metropolitan areas and manage traffic demand.
Transurban’s activities include toll collection, road operations, maintenance, customer account services and the development of transportation infrastructure. Its portfolio includes major toll roads and related assets in Sydney, Melbourne and Brisbane in Australia, as well as networks in the Greater Washington area of the United States and Montreal, Canada.
Founded in 1996, Transurban has grown through the acquisition, development and management of toll-road concessions.
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