Telecom Italia (OTCMKTS:TIAIY) Sees Large Volume Increase - Here's Why

Key Points

• Telecom Italia experienced a 44% increase in trading volume, with approximately 2,400 shares traded compared to 1,670 in the previous session.
• The stock price rose by 3.0%, closing at $5.91, up from $5.74.
• Telecom Italia provides a range of telecommunications services including fixed and mobile voice, Internet, and public telephony services, with operations in Italy and Brazil.

Telecom Italia S.P.A. (OTCMKTS:TIAIY - ) saw unusually-high trading volume on Wednesday . Approximately 2,400 shares changed hands during mid-day trading, an increase of 44% from the previous session's volume of 1,670 shares.The stock last traded at $5.91 and had previously closed at $5.74.

Telecom Italia Trading Up 3.0%

The company has a current ratio of 0.80, a quick ratio of 0.77 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average of $5.58 and a two-hundred day moving average of $4.87.

Telecom Italia Company Profile

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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