Shares of Telefónica, S.A. (NYSE:TEF - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $5.00 and last traded at $4.98, with a volume of 573009 shares trading hands. The stock had previously closed at $4.91.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. StockNews.com raised shares of Telefónica from a "hold" rating to a "buy" rating in a research report on Wednesday, March 5th. Sanford C. Bernstein initiated coverage on shares of Telefónica in a research note on Tuesday. They set a "market perform" rating on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, Telefónica currently has a consensus rating of "Hold".
View Our Latest Analysis on TEF
Telefónica Stock Performance
The company has a market cap of $27.87 billion, a PE ratio of -18.90 and a beta of 0.43. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.81 and a current ratio of 0.85. The company's 50 day moving average price is $4.57 and its 200-day moving average price is $4.41.
Institutional Trading of Telefónica
A number of institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC raised its holdings in shares of Telefónica by 71.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,236 shares of the utilities provider's stock worth $25,000 after acquiring an additional 2,603 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Telefónica during the third quarter valued at $45,000. Carrera Capital Advisors purchased a new stake in Telefónica during the fourth quarter worth $47,000. Callan Family Office LLC acquired a new stake in Telefónica in the 4th quarter valued at $44,000. Finally, Drive Wealth Management LLC acquired a new stake in shares of Telefónica in the fourth quarter worth approximately $45,000. Institutional investors own 1.14% of the company's stock.
Telefónica Company Profile
(
Get Free Report)
Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
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