Telecom Italia (OTCMKTS:TIAIY) Reaches New 52-Week High - Still a Buy?

Telecom Italia S.P.A. (OTCMKTS:TIAIY - Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $5.19 and last traded at $5.19, with a volume of 710 shares changing hands. The stock had previously closed at $5.01.

Telecom Italia Stock Performance

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 stock's 50-day simple moving average is $4.58 and its 200 day simple moving average is $3.70.

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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