Telecom Italia (OTCMKTS:TIAIY) Reaches New 12-Month High - Should You Buy?

Key Points

• Telecom Italia reached a new 52-week high, trading at $6.08 on Monday, reflecting a 2.0% increase from the previous close of $5.93.
• The company has a fifty-day moving average of $5.25 and a two-hundred day moving average of $4.35, signaling potential upward momentum.
• Telecom Italia operates in the provision of fixed and mobile telecommunications services, with segments including Domestic and Brazil, among others.

Telecom Italia S.P.A. (OTCMKTS:TIAIY - ) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $6.08 and last traded at $6.05, with a volume of 10942 shares traded. The stock had previously closed at $5.93.

Telecom Italia Trading Up 2.0%

The stock has a fifty day moving average price of $5.25 and a two-hundred day moving average price of $4.35. The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 0.65.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.