Telecom Italia (OTCMKTS:TIIAY) Hits New 1-Year High - What's Next?

Shares of Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $3.52 and last traded at $3.51, with a volume of 1194 shares trading hands. The stock had previously closed at $3.39.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TIIAY shares. Hsbc Global Res upgraded Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th. BNP Paribas raised shares of Telecom Italia from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 10th.

Telecom Italia Price Performance

The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.85. The company has a 50 day moving average price of $3.08 and a 200 day moving average price of $2.74.

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.