Telesites SAB de CV (OTCMKTS:TSSLF)’s share price was down 9.1% on Thursday . The company traded as low as $0.60 and last traded at $0.60. Approximately 1,872 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 15,812 shares. The stock had previously closed at $0.66.
Separately, JPMorgan Chase & Co. cut Telesites SAB de CV from an “overweight” rating to a “neutral” rating in a research note on Friday, April 12th.
The stock’s 50 day simple moving average is $0.63.
Telesites, SAB. de C.V. builds, installs, maintains, operates, and markets various types of sites towers and support structures, and physical spaces and other non-electronic elements for the installation of radiant radio communications equipment in Mexico. It operates towed towers, self-supporting towers, monopolar towers, and masts.
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