Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) Trading 15.3% Higher – Should You Buy?

Shares of Infrastrutture Wireless Italiane S.p.A. (OTCMKTS:IFSUF) rose 15.3% on Tuesday . The company traded as high as $10.7962 and last traded at $10.7962. Approximately 128 shares traded hands during trading, a decline of 56% from the average daily volume of 291 shares. The stock had previously closed at $9.36.

Wall Street Analyst Weigh In

Separately, New Street Research upgraded shares of Infrastrutture Wireless Italiane to a “buy” rating in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Infrastrutture Wireless Italiane has an average rating of “Buy”.

Infrastrutture Wireless Italiane Price Performance

The business has a fifty day moving average price of $9.06 and a 200 day moving average price of $10.44.

About Infrastrutture Wireless Italiane

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.