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Telecom Italia (OTCMKTS:TIIAY) Reaches New 12-Month High - What's Next?

Telecom Italia logo with Utilities background
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Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $3.36 and last traded at $3.36, with a volume of 4179 shares trading hands. The stock had previously closed at $3.17.

Analysts Set New Price Targets

TIIAY has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th. Barclays raised Telecom Italia from an "equal weight" rating to an "overweight" rating in a research note on Tuesday, December 10th.

View Our Latest Stock Analysis on Telecom Italia

Telecom Italia Trading Up 0.6 %

The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. The business's 50-day moving average price is $2.91 and its two-hundred day moving average price is $2.68.

About Telecom Italia

(Get Free Report)

Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers.

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