Zacks Research cut shares of Buzzi (OTCMKTS:BZZUF – Free Report) from a hold rating to a strong sell rating in a report released on Monday morning,Zacks.com reports.
Buzzi Price Performance
Shares of OTCMKTS:BZZUF opened at $47.60 on Monday. Buzzi has a 52 week low of $46.50 and a 52 week high of $63.80. The firm has a 50 day moving average of $50.05 and a 200 day moving average of $53.13.
Buzzi Company Profile
Buzzi Unicem S.p.A. is an Italian multinational company specializing in the production and distribution of cement, ready-mix concrete and aggregates. With its headquarters in Casale Monferrato, Piedmont, the company serves construction and infrastructure markets by supplying key building materials used in residential, commercial and civil engineering projects. Buzzi Unicem operates modern manufacturing facilities designed to optimize production efficiency while adhering to environmental and safety standards.
Established in the early 20th century as a family-run cement producer, Buzzi Unicem has grown through organic expansion and strategic acquisitions.
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