Prysmian (OTCMKTS:PRYMY) Stock Price Down 0.4%

Prysmian S.p.A. (OTCMKTS:PRYMYGet Free Report) shares dropped 0.4% during mid-day trading on Thursday . The company traded as low as $19.01 and last traded at $19.07. Approximately 49,281 shares changed hands during mid-day trading, an increase of 135% from the average daily volume of 20,959 shares. The stock had previously closed at $19.15.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised their price objective on shares of Prysmian to €45.00 ($48.39) in a report on Monday, July 31st.

Check Out Our Latest Report on PRYMY

Prysmian Stock Down 0.4 %

The business’s fifty day moving average is $19.31 and its 200-day moving average is $19.64.

About Prysmian

(Get Free Report)

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. It operates through three segments: Projects, Energy, and Telecom. The company offers rigid and flexible cables for the distribution of power to residential, commercial, and industrial buildings; and power distribution solutions, such as medium-voltage cable systems for overhead and underground installation for connecting industrial and/or residential buildings to the primary distribution grid, as well as low-voltage cable systems for power distribution.

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