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Telecom Italia (OTCMKTS:TIAIY) Trading 0.6% Higher - Here's Why

Telecom Italia logo with Computer and Technology background

Telecom Italia S.p.A. (OTCMKTS:TIAIY - Get Free Report) rose 0.6% during trading on Thursday . The company traded as high as $4.85 and last traded at $4.85. Approximately 400 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 1,953 shares. The stock had previously closed at $4.82.

Telecom Italia Trading Up 0.6%

The firm has a 50-day simple moving average of $4.39 and a two-hundred day simple moving average of $3.59. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.85 and a quick ratio of 0.82.

Telecom Italia Company Profile

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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.

Further Reading

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