Snam (OTCMKTS:SNMRY) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Investment analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Snam (OTCMKTS:SNMRY) in a research report issued to clients and investors on Wednesday, StockNewsAPI reports. The firm set a “buy” rating on the stock.

Snam Price Performance

Shares of OTCMKTS SNMRY traded down $0.02 during trading on Wednesday, hitting $10.14. 17,323 shares of the company were exchanged, compared to its average volume of 79,473. Snam has a 1 year low of $8.76 and a 1 year high of $10.66. The firm’s fifty day moving average price is $9.81 and its 200 day moving average price is $9.49.

Snam Company Profile

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.