Infratil (OTCMKTS:IFUUF) Trading 9.7% Higher – Time to Buy?

Infratil Limited (OTCMKTS:IFUUFGet Free Report)’s share price rose 9.7% during trading on Wednesday . The stock traded as high as $9.65 and last traded at $9.65. 300 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 3,661 shares. The stock had previously closed at $8.80.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on shares of Infratil in a report on Sunday, June 21st. They set a “buy” rating for the company. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.

Check Out Our Latest Analysis on Infratil

Infratil Price Performance

The business has a fifty day moving average of $9.08 and a two-hundred day moving average of $7.87.

Infratil Company Profile

(Get Free Report)

Infratil Limited is an infrastructure investment firm specializing in digital Infrastructure, renewables, and social infrastructure. They prefer to invest in renewable electricity, data centers, telecommunications networks healthcare, and airports. It invests around the world. Infratil Limited was incorporated in 1994 and is based in Wellington, New Zealand.

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