Telecom Italia (OTCMKTS:TIIAY) Sets New 52-Week High - Here's Why

Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report)'s stock price hit a new 52-week high on Friday . The stock traded as high as $3.18 and last traded at $3.17, with a volume of 27103 shares traded. The stock had previously closed at $2.96.

Analyst Ratings Changes

Several equities analysts recently commented on TIIAY shares. Hsbc Global Res upgraded Telecom Italia from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 10th. Barclays upgraded Telecom Italia from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, December 10th.

Telecom Italia Stock Up 0.6 %

The company has a 50-day simple moving average of $2.79 and a 200-day simple moving average of $2.63. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82.

Telecom Italia Company Profile

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.