Free Trial

Telecom Italia (OTCMKTS:TIIAY) Sets New 12-Month High - Here's What Happened

Telecom Italia logo with Utilities background

Telecom Italia S.p.A. (OTCMKTS:TIIAY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $4.34 and last traded at $4.34, with a volume of 10534 shares. The stock had previously closed at $4.32.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TIIAY. BNP Paribas raised Telecom Italia from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 10th. Hsbc Global Res upgraded Telecom Italia from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 10th. Finally, New Street Research lowered shares of Telecom Italia from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Read Our Latest Stock Report on Telecom Italia

Telecom Italia Trading Up 0.2%

The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.69. The stock has a 50-day simple moving average of $3.65 and a 200 day simple moving average of $3.00.

About Telecom Italia

(Get Free Report)

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

Should You Invest $1,000 in Telecom Italia Right Now?

Before you consider Telecom Italia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telecom Italia wasn't on the list.

While Telecom Italia currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines