Snam (OTCMKTS:SNMRY) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Snam S.p.A. (OTCMKTS:SNMRYGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.51 and traded as low as $8.94. Snam shares last traded at $8.96, with a volume of 131,130 shares trading hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Snam in a research report on Wednesday, October 2nd. They issued a “buy” rating for the company.

Get Our Latest Stock Analysis on Snam

Snam Stock Performance

The firm has a 50 day simple moving average of $9.36 and a 200-day simple moving average of $9.51.

About Snam

(Get Free Report)

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure. The company operates through Transportation, Storage, Regasification, Energy Transition, and other segments. It provides natural gas transportation and dispatching services; and owns and manages liquified natural gas (LNG) regasification plants.

Further Reading

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