Shares of Cellnex Telecom SA – Unsponsored ADR (OTCMKTS:CLLNY – Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $13.98 and last traded at $14.0444, with a volume of 123443 shares. The stock had previously closed at $14.30.
Cellnex Telecom Trading Down 1.4%
The company’s 50-day moving average price is $15.96 and its two-hundred day moving average price is $16.30.
About Cellnex Telecom
Cellnex Telecom SA is a leading independent wireless telecommunications infrastructure operator based in Barcelona, Spain. The company designs, builds and manages telecom tower sites and related connectivity solutions, offering site rental services to mobile network operators, broadcasters and enterprises. Its portfolio includes macro sites, distributed antenna systems (DAS), small cells, in-building coverage, fiber networks and edge computing nodes, all aimed at enhancing voice, data and next-generation digital services.
Founded as a spin-off from Abertis Infraestructuras in 2015, Cellnex launched an initial public offering on the Madrid Stock Exchange in May of that year.
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