Poste Italiane (OTCMKTS:PITAF) Shares Up 8.3% – Here’s Why

Poste Italiane S.p.A. (OTCMKTS:PITAFGet Free Report)’s stock price rose 8.3% during trading on Friday . The company traded as high as $14.56 and last traded at $14.56. Approximately 3,312 shares were traded during trading, an increase of 391% from the average daily volume of 675 shares. The stock had previously closed at $13.45.

Poste Italiane Price Performance

The firm’s 50-day simple moving average is $14.08 and its two-hundred day simple moving average is $13.69.

Poste Italiane Company Profile

(Get Free Report)

Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy. It operates in four segments: Mail, Parcels and Distribution; PostePay Services; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment offers mail, parcel, and logistics management services, as well as engages in the activities of the distribution network.

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