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Telecom Italia (OTCMKTS:TIAIY) Trading 1.7% Higher - Here's What Happened

Telecom Italia logo with Computer and Technology background

Telecom Italia S.p.A. (OTCMKTS:TIAIY - Get Free Report) shot up 1.7% during trading on Wednesday . The stock traded as high as $4.88 and last traded at $4.83. 5,022 shares changed hands during trading, an increase of 152% from the average session volume of 1,992 shares. The stock had previously closed at $4.75.

Telecom Italia Price Performance

The company has a fifty day moving average price of $4.14 and a 200 day moving average price of $3.43. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69.

About Telecom Italia

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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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