Shares of Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report) rose 5.4% during mid-day trading on Friday . The company traded as high as $2.96 and last traded at $2.92. Approximately 9,258 shares changed hands during trading, a decline of 20% from the average daily volume of 11,644 shares. The stock had previously closed at $2.77.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Barclays upgraded Telecom Italia from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, December 10th. Hsbc Global Res raised shares of Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Monday, February 10th.
Read Our Latest Stock Report on TIIAY
Telecom Italia Price Performance
The company has a 50-day moving average of $2.74 and a 200 day moving average of $2.61. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.82 and a current ratio of 0.85.
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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