Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $3.74 and last traded at $3.71, with a volume of 7000 shares traded. The stock had previously closed at $3.61.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on TIIAY shares. BNP Paribas raised Telecom Italia from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 10th. Hsbc Global Res upgraded shares of Telecom Italia from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 10th.
Get Our Latest Analysis on Telecom Italia
Telecom Italia Price Performance
The company has a 50-day moving average of $3.14 and a 200-day moving average of $2.77. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.
About Telecom Italia
(
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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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