Telecom Italia (OTCMKTS:TIAIY) Hits New 1-Year High - Here's Why

Key Points

• Telecom Italia's stock reached a new 52-week high of $5.69 during trading, reflecting a 6.4% increase from its previous close at $5.35.
• The company has a debt-to-equity ratio of 0.65 and a current ratio of 0.80, indicating a manageable debt level relative to its equity.
• Telecom Italia provides a range of telecommunications services including fixed and mobile voice, internet, and technology solutions both in Italy and internationally.

Telecom Italia S.P.A. (OTCMKTS:TIAIY - ) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $5.69 and last traded at $5.69, with a volume of 5558 shares changing hands. The stock had previously closed at $5.35.

Telecom Italia Stock Up 6.4%

The company has a debt-to-equity ratio of 0.65, a current ratio of 0.80 and a quick ratio of 0.77. The company has a fifty day moving average price of $5.14 and a two-hundred day moving average price of $4.26.

About Telecom Italia

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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