Telecom Italia (OTCMKTS:TIAIY) Sets New 12-Month High - Still a Buy?

Key Points

• Telecom Italia's stock price reached a new 52-week high of $6.49, with a recent closing price of $6.27 and a trading volume of 2,991 shares.
• The company has a debt-to-equity ratio of 0.62, indicating a relatively moderate level of debt compared to its equity.
• Telecom Italia provides fixed and mobile telecommunications services in Italy and internationally, operating through multiple segments including Domestic and Brazil.

Telecom Italia S.P.A. (OTCMKTS:TIAIY - )'s stock price reached a new 52-week high on Thursday . The company traded as high as $6.49 and last traded at $6.49, with a volume of 2991 shares changing hands. The stock had previously closed at $6.27.

Telecom Italia Stock Performance

The business's 50-day moving average is $5.79 and its two-hundred day moving average is $5.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.82 and a quick ratio of 0.80.

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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