Atlantia (OTCMKTS:ATASY) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Atlantia SpA (OTCMKTS:ATASYGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $11.91 and traded as low as $11.90. Atlantia shares last traded at $11.91, with a volume of 49,800 shares changing hands.

Atlantia Price Performance

The company’s 50-day simple moving average is $11.91 and its two-hundred day simple moving average is $11.91.

Atlantia Company Profile

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Atlantia S.p.A. is an Italy-based infrastructure company that owns, operates and invests in transport concession assets. The group’s core activities center on the development, management and maintenance of toll road networks and related infrastructure under long-term concession agreements. Atlantia’s operations typically cover roadway operations, traffic management, maintenance and upgrade projects, and customer-facing toll collection services.

Beyond motorways, Atlantia has interests in airport and related infrastructure through subsidiaries and holdings, providing airport management services and participating in airport concession arrangements.

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